Member indicators show that the current price is below the EMA24/52 moving average, and trading volume continues to decline, indicating weak market buying and further downside risks in the short term. Based on the distribution of chips, the 2438.5 area is strongly supported, with trading volume accounting for 5.24%. If it falls below this level, it may accelerate the bottoming out to the 2420 range.
The K-line pattern confirms a bearish signal, with a peak pattern appearing in the latest 2-hour cycle, coupled with the failure of the KDJ golden cross. The rebound momentum is insufficient, and the market may continue to consolidate weakly.
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The data is sourced from the PRO member's [ETH/USDT Binance 2-hour] K-line, for reference only, and does not constitute any investment advice.
