Price Trend Analysis

Conclusion: ETH 4-hour cycle continues to build a central area, with a fluctuation range of 4200-4500. Within the range, sell high and buy low; if the range is broken, follow the trend.
K-line patterns:
1-hour level: Recently formed a double bottom structure (4291.02/4295.93), current price has broken through the neckline at 4330 and is pulling back to EMA7 (4326.58).
Daily level: After the long bearish candle from the previous day (4482.05-4265.33), a hammer candle appeared, and yesterday's close confirmed a short-term stop-loss signal.
Technical indicators:
MACD: 1-hour level DIF crosses above DEA (-14.04/-18.89), histogram turns red (9.70), daily line still in bearish territory but showing a bottom divergence.
RSI: The 1-hour RSI (46.24) is neutrally weak, and the daily RSI (50.56) has exited the oversold zone.
EMA: 1-hour EMA30 (4344.22) is suppressing the price, daily EMA7 (4365.27) and EMA30 (4279.81) have formed a death cross.
Trading Volume:
The key support level near 4290 saw increased volume (12843-14033 contracts in 1 hour), but there was insufficient volume (3264 contracts) when breaking through 4330.
Daily level crash day (September 4th) with a volume of 470,000 contracts, yesterday's rebound volume shrank to 64,000 contracts.
(Note: Pay attention to the resistance at 4300/4350, support at 4260/4290, EMA30 and the previous daily low of 4265 as the dividing line between bullish and bearish) #ETH#