The membership indicator shows that the current price is above EMA24 but below EMA52, indicating that the market may be in a rebound in a downward trend. Based on the distribution of chips, 2824.5 USDT has formed strong resistance, with significantly weakened buying power and a 20.39% decrease in trading volume, indicating insufficient upward momentum.
The K-line pattern confirms a bearish signal, with a peak pattern appearing in the latest 2-hour cycle, coupled with a dual top structure in the MACD bar chart, increasing the risk of a pullback. Pay attention to 2790 USDT for support below, if it falls below, it will open up downward space.
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The data is sourced from the PRO member's [ETH/USDT Binance 2-hour] K-line, for reference only, and does not constitute any investment advice.