1. K-line Patterns:

- On the daily chart, the recent price rebounded quickly from a low of 2815.55 to 2920.86, but the overall trend remains downward, with strong resistance near the previous high of 2959.14.

- On the 4-hour chart, after a sharp decline, the price has shown a sideways upward movement. Currently, it is trading above the EMA7 (2902.68) but has not broken through the EMA30 (2946.23), indicating that short-term bullish momentum has strengthened.

2. Technical Indicators:

- MACD: The 4-hour MACD histogram has shifted from negative to positive, with DIF and DEA gradually converging, indicating weakening bearish momentum and increasing bullish attempts.

- RSI: The current RSI is 46.61, in the neutral zone, not yet entering overbought or oversold territory, suggesting market sentiment is cautious.

- EMA: The price is currently above EMA7 (2902.68) but constrained by EMA30 (2946.23). EMA120 (3065.75) is far from the current price, indicating the long-term trend remains bearish.

3. Volume:

- Daily trading volume has increased significantly, especially on January 26th during the upward move, indicating some capital involvement.

- The 4-hour volume shows fluctuations, with the most recent candle's volume decreasing, warranting caution for short-term pullback risk. $ETH ‌$BTC ‌#内容挖矿焕新公测开启