ETH faces significant short-term pressure, with main funds accelerating their exit

According to the 2-hour cycle display, the current price of ETH is below the EMA24 and EMA52 moving averages, and the moving averages are bearish, indicating strong downward momentum. Membership indicators show a 415% surge in trading volume, but prices continue to decline, indicating panic selling by major funds. At the same time, the appearance of black three soldiers in the K-line pattern further strengthens the bearish signal. The chip distribution shows that the key resistance level is in the range of $4477- $4530, and the current price is far away from this area, lacking effective support. Combined with the continuous reduction of MACD bar chart, the downward trend has not shown any attenuation. Suggest paying attention to whether the low point around $3830 can form short-term support. Open membership immediately, get real-time funding flow and accurate support resistance analysis, seize the opportunity! 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.