According to the 4-hour cycle display, the current trading volume of ETH has decreased by 27.65% compared to the average of the previous 10 cycles, and the MACD dead cross has formed, indicating that the upward movement can be weakened. The exclusive chip distribution data for members shows that the maximum trading volume is concentrated in the range of 3628-3647, with strong support, but spot prices are gradually moving away from this area, indicating an increasing probability of short-term pullback.
Based on the K-line pattern, there was significant pressure on the price after the emergence of a top split yesterday, and RSI entered the overbought zone, further verifying the pullback signal. If it falls below the support of EMA24, it may accelerate the downward trend.
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The data is sourced from the PRO member's [ETH/USDT Binance 4-hour] K-line, for reference only, and does not constitute any investment advice.
