ETH under short-term pressure, 90 minute cycle may face critical changes
Membership indicators show that the current trading volume has shrunk to 25% after the last 10 cycles, and market activity has significantly decreased, suggesting that short-term prices may continue to be weak. At the same time, the price is below the EMA24/52 moving average, and the slope of the double moving average is downward, further verifying the downward trend. On the candlestick chart, the strong bearish signal of the Black Three Soldiers combined with RSI enters the oversold area, indicating that bears still dominate. However, the emergence of bottom classification and KDJ golden cross suggests that a local rebound may be brewing. Pay attention to the gains and losses of the resistance level 3174, and break through or trigger a short-term recovery market. Unlock member indicators and accurately capture change signals! The data is sourced from the PRO member's [ETH/USDT Binance USDT perpetual 90 minute] candlestick, for reference only, and does not constitute any investment advice.
