Price Trend Analysis



1. Candlestick Patterns:

- The recent 4-hour candlestick shows a rebound after a high-level decline, but the overall trend remains downward.
- On the daily chart, after forming a long bearish candle, there is slight consolidation with minor fluctuations, and the price has not effectively broken above the previous low in the short term.

2. Technical Indicators:

- MACD: The 4-hour DIF and DEA are both below the zero line, with the MACD histogram shortening, indicating weakening bearish momentum but not yet turning bullish.
- RSI: The 4-hour RSI is at 36.7, approaching the oversold boundary, suggesting a potential technical rebound, but with limited strength.
- EMA: The current price of 2878.4 is below EMA7 (2884.3), EMA30 (2964.6), and EMA120 (3081.5), showing a bearish alignment with significant short-term pressure.

3. Volume:

- The 4-hour volume has gradually decreased, transitioning from a surge after a sharp decline to a phase of shrinking volume and consolidation.
- The daily volume on January 25th significantly increased, indicating panic selling during the previous decline. $ETH $BTC #黄金白银再创新高
ETH3.03%
BTC2.24%
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K-LineBrother-In-Lawvip
· 01-26 09:05
New Year Wealth Explosion 🤑
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