ETH current price 4258, 1-hour cycle divergence signal appears, short-term or under pressure

From the perspective of membership indicators, the current trading volume has significantly shrunk to 34.29% of the recent average, and market activity has significantly decreased. At the same time, KDJ has entered the overbought area and a dead cross has appeared, releasing a short-term correction signal. Based on the distribution of chips, the price is approaching the resistance zone of 4496.5, and the high volume node (HVN) corresponding to this position indicates the possibility of strong selling pressure. Recently, the K-line has formed a top shaped pattern, further verifying the downside risk. Although EMA24 and EMA52 maintain an upward trend, the MACD bar chart shows a double peak, indicating a weakening of upward momentum. If the price falls below the 4250 support level or tests the key support level of 4144.5 below. Activate membership immediately and accurately grasp key points and chip dynamics! The data is sourced from the PRO member's [ETH/USDT Binance USDT Perpetual 1-hour] K-line, for reference only, and does not constitute any investment advice.