The 1-hour cycle display shows that the member exclusive chip distribution indicator reveals strong resistance in the 3855-3939 area, with the current price around 3592, far from POC (3855), indicating heavy market selling pressure. At the same time, the trading volume shrank to 44.57% of the mean, combined with the black three soldier pattern and KDJ death cross signal, further verifying that the downward momentum is increasing.
EMA24 and EMA52 are trending downwards with slopes of -0.97% and -0.69%, respectively, confirming a bearish trend in the medium to long term. If the price cannot effectively break through the 3600 level, it is expected to test the low support before 3556.
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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.