Price Trend Analysis



1. Candlestick Patterns:

- Recent candlesticks show a oscillating downward trend, with the price gradually falling from a high of 91224.99 to 89176.8.
- On the daily chart, there are consecutive small bearish candles, indicating that the bearish momentum is dominant, but the decline has slowed.

2. Technical Indicators:

- MACD: In the 4-hour cycle, both DIF and DEA are below the zero line, with DIF showing a slight upward turn, indicating weakening bearish momentum and the possibility of a short-term rebound.
- RSI: The current value is 39.8, approaching the oversold zone, suggesting a certain technical rebound demand.
- EMA: The price remains below EMA7, EMA30, and EMA120, indicating an overall bearish trend; however, it is currently near EMA7 (89370.7). A break above this level could further test the EMA30 resistance at 90185.8.

3. Volume:

- Trading volume has significantly decreased, dropping from thousands in previous days to 429, reflecting a market with strong wait-and-see sentiment.
- An increase in volume occurred around 01月23日2000, after which volume gradually declined, indicating a temporary stalemate between bulls and bears. $ETH $BTC
ETH-2.76%
BTC-1.67%
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GateUser-d10f5768vip
· 11h ago
Hold on tight, we're about to take off 🛫
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GateUser-d10f5768vip
· 11h ago
2026 Go Go Go 👊
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GateUser-d10f5768vip
· 11h ago
New Year Wealth Explosion 🤑
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DemonCultBrother-In-Lawvip
· 14h ago
Whether it's the distortion of human nature, the truth of facts, or the decline of morality. Ten years of hard study in cold windows, all for today when the leverage is maxed out. Give a promise to the one you love. Holding an empty position is your greatest risk.
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