📣1/30 Ethereum Trend Detailed Analysis and Steady Operation Recommendations:
Ethereum's four-hour chart shows a clear bearish trend, with prices oscillating around $2700-$2750. Moving averages are arranged in a bearish configuration, and MACD continues to expand. Short-term oversold conditions suggest a need for correction, but there are insufficient reversal signals. The key focus is on the breakout of support at 2670-2700 and resistance at 2780-2800. Price condition: a decline of over 6% in 24 hours, with four-hour candlesticks forming a "lower high, lower low" downward structure, and prices remaining below the EMA50.
From the four-hour Ethereum price trend analysis, candlestick patterns: the daily chart shows recent continuous decline, forming consecutive bearish candles, especially the long bearish candles on January 29 and 30 indicating strong bearish momentum. In the 4-hour cycle, prices quickly fell from around 3010 to the 2750 area, showing a clear downward trend with multiple failed rebounds. MACD: the 4-hour MACD histogram continues to expand below the zero line, with DIF and DEA diverging downward, indicating dominant bearish momentum. RSI: currently around 31, approaching oversold territory but not yet extremely oversold, suggesting a short-term technical rebound may be needed. EMA: EMA7, EMA30, and EMA120 are all in a bearish arrangement, and prices are consistently below all moving averages, indicating a generally weak trend. Currently, EMA7 is at 2791, EMA30 at 2895, both exerting pressure on the price.
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📣1/30 Ethereum Trend Detailed Analysis and Steady Operation Recommendations:
Ethereum's four-hour chart shows a clear bearish trend, with prices oscillating around $2700-$2750. Moving averages are arranged in a bearish configuration, and MACD continues to expand. Short-term oversold conditions suggest a need for correction, but there are insufficient reversal signals. The key focus is on the breakout of support at 2670-2700 and resistance at 2780-2800. Price condition: a decline of over 6% in 24 hours, with four-hour candlesticks forming a "lower high, lower low" downward structure, and prices remaining below the EMA50.
From the four-hour Ethereum price trend analysis, candlestick patterns: the daily chart shows recent continuous decline, forming consecutive bearish candles, especially the long bearish candles on January 29 and 30 indicating strong bearish momentum. In the 4-hour cycle, prices quickly fell from around 3010 to the 2750 area, showing a clear downward trend with multiple failed rebounds. MACD: the 4-hour MACD histogram continues to expand below the zero line, with DIF and DEA diverging downward, indicating dominant bearish momentum. RSI: currently around 31, approaching oversold territory but not yet extremely oversold, suggesting a short-term technical rebound may be needed. EMA: EMA7, EMA30, and EMA120 are all in a bearish arrangement, and prices are consistently below all moving averages, indicating a generally weak trend. Currently, EMA7 is at 2791, EMA30 at 2895, both exerting pressure on the price.
Key support levels: 2670 (previous low / emotional watershed), 2700 (intraday psychological support), 2620 (secondary support).
Key resistance levels: 2780-2785 (bull-bear dividing line), 2835-2850 (first resistance during rebound), 2878-2900 (strong resistance).
1/30 Ethereum Steady Operation Recommendations:
Recommend continuing short positions near 2760-2780, target levels: 2720-2680-2620.
The strategy is time-sensitive; it is recommended to implement strategies mainly based on free guidance!