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$ETH ETH (1 Hour + 4 Hour Timeframes) Current Market Analysis



1. Core Price and Trend

The current ETH price is 2807.10 USDT, rebounding approximately 7.1% from the previous low of 2621.32, showing an oversold rebound in the short term.

2. 1-Hour Timeframe (Short-Term)

• Moving Averages: EMA5 (2809.06) is slightly above the current price; EMA10 (2804.00) and EMA30 (2784.44) are turning upwards, with short-term moving average support gradually forming.

• MACD: DIF (-12.17) is close to crossing above DEA (-57.46); green bars are narrowing and red bars are emerging, indicating strengthening short-term bullish momentum.

• KDJ: J value (35.87) is rising from a low level, in the neutral zone, with no overbought/oversold signal.

• Conclusion: The short-term is in a rebound and recovery phase, with resistance at 2850-2880 (previous consolidation zone).

3. 4-Hour Timeframe (Medium to Short-Term)

• Moving Averages: EMA5 (2790.25) has crossed above EMA10 (2784.84), forming a golden cross, but EMA30 (2871.39) is still trending downward, indicating the medium-term trend has not fully reversed.

• MACD: DIF (-188.08) and DEA (-155.92) remain below the zero axis; green bars are narrowing, indicating a "weak rebound after a decline."

• KDJ: J value (80.19) is near the overbought zone, suggesting rebound momentum may slow in the short term.

• Conclusion: The medium to short-term is in a "rebound within a downtrend," with key resistance at 2870-2900 (EMA30 + previous platform). If this level is not broken, a pullback is possible.

4. Trading Reference

• Short-term: Consider a light position near the current price (2807) to participate in the rebound, with a stop loss at 2750 (1-hour EMA30 support), and a target of 2850-2880.

• Medium to short-term: Wait for a breakout above 2900 and consolidation to confirm a trend reversal; otherwise, treat it as a rebound and avoid chasing highs.
ETH-9.82%
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