The latest 1-hour cycle K-line shows that ETH price has broken through the $3000 mark, with trading volume skyrocketing by 193.59%, and buying funds actively entering the market. According to the membership indicators, the current chip distribution shows strong support in the 2975-2979 area, with a buy sell ratio of 1.049, indicating a bullish advantage in this area. Combined with the K-line pattern of the Red Three Soldiers signal, further verify that there is sufficient upward momentum.
Short term EMA24 and EMA52 are in a long position, with RSI breaking through the upward trend line and a technical resonance of bullish sentiment. If the price retraces to 2980 support, it may initiate a new round of upward trend.
Member indicators accurately capture support resistance levels, helping you lock in trading opportunities in advance!
The data is sourced from the PRO member's [ETH/USDT Binance 1-hour] K-line, for reference only, and does not constitute any investment advice.