📌ETH/USDT 4-Hour Trend Analysis: Entering Consolidation After Strong Rebound
🔹Overall Trend
After a strong rebound, ETH's price returned to around $2570, currently showing a high-level consolidation trend. In the short term, upward momentum has slowed down, but the overall bullish structure remains intact.
🔹Moving Average System
Short-Term Moving Average (10-Day): Still rising, indicating active short-term buying.
Medium-Term Moving Average (30-Day): Gradually following the price upward, showing that market bullish sentiment is strengthening.
Long-Term Moving Average (60-Day): Steadily moving upward, with clear medium-term support.
📌 Conclusion: The moving average system's bullish arrangement is good; if it stabilizes above $2500, bulls are likely to gain further strength.
🔹Structural Analysis
Pattern Analysis:
After a strong breakout, ETH encountered resistance near $2600, increasing short-term pullback pressure.
Current price is forming short-term support in the range of $2450-$2500; if it can hold steady, this area will become a new starting point for upward movement.
Support and Resistance:
Support Level: 2450 (strong short-term support), 2400 (key bullish defense line).
Resistance Level: 2600 (short-term rebound pressure), 2800 (strong resistance area).
🔹Volume-Price Relationship Analysis
Recent rebound accompanied by increased volume indicates market recognition of this upward movement.
Current consolidation is on reduced volume, indicating weakening buying power, and attention is needed on subsequent volume release.
🔹RSI (Relative Strength Index) Analysis
RSI (14) is currently at 57.05, approaching the neutral to strong area.
If it can continue to rise and break above 60, market sentiment will strengthen further; if it falls below 50, the adjustment risk will increase.
🔹Summary
📉 Market Trend: Short-term high-level consolidation, medium-term bulls remain intact.
📊 Key Support: 2450 (short-term), 2400 (medium-term).
📈 Key Resistance: 2600 (short-term), 2800 (strong resistance).
🎯 Strategy Suggestions:
✅ If $2500 stabilizes, consider light long positions, targeting $2600.
✅ Monitor the support at $2450; if it breaks down, further pullback is possible.
✅ If volume increases, a test of $2600 is likely; otherwise, the probability of sideways consolidation is high.
Overall, ETH is entering high-level consolidation in the short term, paying attention to the support situation at $2450-$2500; if it can hold, it is likely to continue to rise to $2600 or even higher.