【Price Trend Analysis】



1. Candlestick Patterns:

- Recent candlesticks show that after the sharp decline on February 5th, prices have experienced a rapid rebound and are currently in a consolidation phase.
- On the daily chart, long lower shadows have formed, followed by two consecutive days of bullish closes, but within the 4-hour cycle, the highs are gradually decreasing, indicating short-term pullback pressure.

2. Technical Indicators:

- MACD: In the 4-hour cycle, both DIF and DEA are negative, and the MACD histogram shows decreasing bars, indicating weakening bearish momentum but not yet turning bullish.
- RSI: RSI(14) current value is 47.27, in the neutral zone, suggesting market sentiment is relatively stable with no obvious overbought or oversold signals.
- EMA: The price is currently around EMA7 (2061.75), supported by it; however, it remains below EMA30 (2121.46), which presents some resistance overhead.

3. Trading Volume:

- Daily trading volume spiked significantly on February 6th, then gradually declined, indicating a decrease in market activity.
- In the 4-hour cycle, volume has decreased markedly, suggesting a cautious market sentiment with no clear direction. #当前行情抄底还是观望? $ETH $SOL $ETH #当前行情抄底还是观望? #
ETH4.42%
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