ETH Key Point Battle: 4-hour Cycle Chip Peak Exposes Main Intention

The current ETH price is in the strong support range of 4284-4320, where the concentration of chips is as high as 4.4 times and the proportion of buying orders is close to 1, forming a solid bottom. Membership indicators show that the KDJ golden cross coexists with shrinking trading volume, indicating strong demand for short-term rebound. However, the EMA24/52 moving average continues to decline, with slopes of -1.18% and -0.55% respectively, suppressing the potential for rebound. The chip intensive area above 4571-4589 has become a bearish defense line, and breaking through requires a large amount of cooperation. If the price stabilizes at 4320, it is expected to test the resistance of 4571. Activate membership immediately, unlock precise chip distribution and buying and selling point tips, and seize the opportunity! The data is sourced from the PRO member's [ETH/USDT Binance USDT perpetual 4-hour] K-line, for reference only, and does not constitute any investment advice.