Currently, ETH is in the 2-hour cycle K-line, with member indicators showing a price above EMA24 but below EMA52, indicating resistance to short-term rebound. The distribution of chips shows that the trading volume at the strong support level of 4010 below is dense, with buying slightly dominant, indicating short-term support. However, after breaking through the upward trend line, RSI fell back, and at the same time, the KDJ golden cross signal appeared, but we still need to be wary of the bearish suppression of MACD's increasing downward momentum.
ETH is testing the key support of 4010, and if it falls below, it may accelerate its downward trend to 3994. The resistance above is 4174.5, and a breakthrough requires confirmation of volume. It is recommended to pay attention to the gains and losses of 4010. If the support is effective, take a light position and try to go long. If it falls below, go short accordingly.
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The data is sourced from the PRO member's [ETH/USDT Binance USDT perpetual 2-hour] candlestick, for reference only, and does not constitute any investment advice.