Daily chart shows a long lower shadow (at 3081 low), indicating strong buying support below 3100. 4-hour chart forms a descending channel, with the current price approaching the lower boundary of the channel. Technical indicators:
MACD: Bullish crossover on the 1-hour chart but has not broken above the zero line; daily death cross persists. RSI: 1-hour RSI(14) hovers around 45, not entering oversold territory. EMA: Price remains under EMA30(3125) resistance, forming a death cross with EMA7(3114). Volume:
During the sharp decline (09:00), volume spiked to 30533 but was not sustained. Recent rebound volume shrank to around 4000, lacking momentum confirmation.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#ETH走势分析 K-line patterns:
Daily chart shows a long lower shadow (at 3081 low), indicating strong buying support below 3100.
4-hour chart forms a descending channel, with the current price approaching the lower boundary of the channel.
Technical indicators:
MACD: Bullish crossover on the 1-hour chart but has not broken above the zero line; daily death cross persists.
RSI: 1-hour RSI(14) hovers around 45, not entering oversold territory.
EMA: Price remains under EMA30(3125) resistance, forming a death cross with EMA7(3114).
Volume:
During the sharp decline (09:00), volume spiked to 30533 but was not sustained.
Recent rebound volume shrank to around 4000, lacking momentum confirmation.