$ETH 1. Candlestick Patterns:
- Recent prices have been oscillating around 3300, failing to break through the previous high of 3383, showing signs of a pullback from high levels.
- On the daily chart, a series of small bearish candles have formed, indicating heavy selling pressure above, but support still exists below.
2. Technical Indicators:
- MACD: On the 4-hour chart, both DIF and DEA are diverging downward, and the MACD histogram is negative, indicating short-term bearish dominance; on the daily chart, MACD is gradually weakening, and momentum is diminishing.
- RSI: The 4-hour RSI