ETH under short-term pressure, key support becomes the last line of defense for bulls

According to the current 4-hour cycle display, the member exclusive chip distribution indicator reveals that the 3627-3668 area is a strong support band, with cumulative trading volume accounting for 5.43% of the total trading volume, and a long short ratio close to 1:1, indicating that this area has sufficient turnover and strong support potential. Based on the K-line pattern, the latest top classification signal indicates a weak short-term trend, but the price is still above the EMA24/52 moving average, and the upward structure has not been completely disrupted. Downward risks need to be cautious, but the bottom chip peak is well locked. If it rebounds to the range of 3627-3668, it is highly likely to form a rebound. Suggest paying attention to the stabilization signal in this region. Unlock member indicators, accurately capture support and resistance, and help you plan key points in advance! The data is sourced from the PRO member's [ETH/USDT Binance USDT perpetual 4-hour] K-line, for reference only, and does not constitute any investment advice.