Price Trend Analysis

Conclusion: ETH is continuing to build a central point in the hourly period, with a range of 4200-4500, and the intraday trend is weak.
K-line patterns:
The 1-hour EMA7 has crossed below EMA30, forming a death cross, indicating a weakening short-term trend. The daily EMA30 (4280) and EMA120 (3439) maintain a bullish arrangement, but the short-term pullback is evident as the key integer support at 4350 was briefly broken before rebounding, showing that there is buying interest at this level.
Technical indicators:
MACD: The 1-hour level DIF (4.66) crosses below DEA (19.59), the histogram turns negative, the daily level MACD histogram decreases in volume. RSI: The 1-hour level at 38.47 has not reached the oversold area, the daily level at 51.38 is in the neutral zone. EMA: The 1-hour level price has broken below EMA7 (4399) and EMA30 (4404), indicating significant short-term pressure.
Volume:
During the crash, a volume peak of 46984 appeared on the 1-hour level, conforming to the characteristics of selling pressure release. The daily level volume of 159574 has significantly shrunk compared to the previous day's 487092, indicating a weakening of downward momentum. A key support level near 4350 showed a volume of 21209, validating the support strength at this position.
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