According to member data, the current trading volume has shrunk to 46.99% of the average level. Combined with the distribution of chips, the market has formed a strong resistance zone between 2962-2973, with heavy selling pressure above. The latest K-line has shown an upward hanging pattern, coupled with the RSI double bottom divergence, indicating that a short-term rebound may be in place.
From the perspective of the moving average system, although the price has remained above EMA24/52, the KDJ indicator has weakened its upward momentum and exhibited a top split structure in the early morning, indicating insufficient upward momentum. In response to the continued low trading volume, we are vigilant about the price testing again to support 2917.
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The data is sourced from the PRO member's [ETH/USDT Binance 90 minute] K-line, for reference only, and does not constitute any investment advice.
