The 4-hour cycle K-line shows that the current price is around 3144 USDT, approaching the strong support range of 3030-3041 (maximum trading volume peak) in the chip distribution. The proportion of buying orders in this region reached 1.007, indicating a strong willingness of bulls to undertake. Combined with membership indicators, the KDJ death cross suggests short-term pullback risks, but RSI breaks through the upward trend line to verify effective support, and downward momentum may be limited.
At present, trading volume has shrunk to the last 25%, but the 10 day moving average has risen by 44.44%, indicating a rebound in short-term activity. If the price stabilizes in the support zone, it may quickly rebound to the EMA52 moving average (3170 USDT).
Open membership, accurately track key trends, and capture opportunities for breakthroughs in low volume areas!
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.