Candlestick Pattern: Recently, on the 1-hour chart, a long lower shadow appeared at the bottom (2893) followed by a rapid rebound, forming a V-shaped reversal pattern. The daily chart closed positive for two consecutive days, breaking through the previous high of 2975, a key resistance level. The 4-hour chart shows an upward channel characterized by "higher lows and higher highs." Technical Indicators:
MACD: On the 1-hour chart, DIF crossed above DEA to form a golden cross, with the histogram bars increasing in volume for 6 consecutive periods. RSI: The 1-hour RSI(14) rose from an oversold level of 34.26 to 57.32, not entering the overbought zone. EMA: The price stabilized above EMA7(2965.9), with the three lines in a bullish alignment(2965.9>2952.07>2956.52). Trading Volume:
A surge day (December 26, 10:00) saw a trading volume of 30.77 million, followed by a pullback with reduced volume. Currently, the trading volume remains stable around 2.7 million, indicating normal fluctuation in trading activity.
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#ETH Analysis
【Price Trend Analysis】
Candlestick Pattern:
Recently, on the 1-hour chart, a long lower shadow appeared at the bottom (2893) followed by a rapid rebound, forming a V-shaped reversal pattern.
The daily chart closed positive for two consecutive days, breaking through the previous high of 2975, a key resistance level.
The 4-hour chart shows an upward channel characterized by "higher lows and higher highs."
Technical Indicators:
MACD: On the 1-hour chart, DIF crossed above DEA to form a golden cross, with the histogram bars increasing in volume for 6 consecutive periods.
RSI: The 1-hour RSI(14) rose from an oversold level of 34.26 to 57.32, not entering the overbought zone.
EMA: The price stabilized above EMA7(2965.9), with the three lines in a bullish alignment(2965.9>2952.07>2956.52).
Trading Volume:
A surge day (December 26, 10:00) saw a trading volume of 30.77 million, followed by a pullback with reduced volume.
Currently, the trading volume remains stable around 2.7 million, indicating normal fluctuation in trading activity.