The provided image shows a Webull chart for ETH/USDT, with the current price at $2,496.01 as of "2025-06-01 03:00" (likely UTC or a similar timezone). The request is for a price analysis 4 hours from this point.
Based on the chart and general technical analysis principles:
Current State (as per the image at 2025-06-01 03:00):
* Price: $2,496.01, showing a slight decrease of -0.69% in the last 24 hours.
* Moving Averages (EMA):
* EMA(7): $2,512.28 (above current price)
* EMA(25): $2,549.23 (above current price)
* EMA(99): $2,525.42 (above current price)
* The current price is below all three EMAs, which generally indicates a bearish short-term trend.
* RSI (Relative Strength Index): 33.39. This is below 50, indicating bearish momentum. It's approaching oversold territory (typically below 30), which could signal a potential rebound, but isn't there yet.
* MACD (Moving Average Convergence Divergence):
* DIF: -27.54
* DEA: -25.48
* MACD: -2.06
* The MACD line (DIF) is below the signal line (DEA), and the MACD histogram is negative, confirming bearish momentum.
* Volume: The volume bars show significant selling pressure around the 2,580 - 2,700 range, and the recent candles show relatively low volume as the price declines, which can suggest weak buying interest.
* Chart Pattern: The price appears to be in a downward channel or forming a descending triangle pattern, indicated by the yellow trendlines. The price is currently near the lower boundary of this pattern. A break below the 2,465 support level (marked on the chart) would be a strong bearish signal.
Analysis for the next 4 hours (from 2025-06-01 03:00):
Considering the indicators at the time of the image:
* Bearish Bias: The immediate technical indicators (price below EMAs, bearish MACD, low RSI) suggest a continuation of the downward pressure.
* Key Support Level: The price is hovering around $2,496, very close to the $2,465 support level.
* Potential Scenarios:
* Breakdown: If the price breaks decisively below the $2,465 support level (with increased selling volume), we could see a further drop. Some analyses suggest targets around $2,323 or even lower if this support fails.
* Consolidation/Slight Rebound: Given the RSI is approaching oversold, there's a possibility of a temporary bounce or consolidation around the $2,465 level if buyers step in to defend it. However, without strong buying volume or bullish signals from the MACD/RSI, any rebound might be short-lived.
* Resistance: Overhead resistance would be the EMAs (starting with EMA(7) around $2,512) and the upper trendline of the descending channel, which would likely be around $2,550 to $2,600 within the next 4 hours.
Conclusion for the next 4 hours:
Based on the provided chart and standard technical analysis, the most likely immediate scenario for ETH/USDT in the 4 hours following 2025-06-01 03:00 is:
* Continued downward pressure or consolidation around the $2,465 support level.
* A break below $2,465 would open the door for further declines.
* A significant upward move is less likely in the short term unless there's a strong influx of buying volume or a bullish reversal pattern emerges.
Disclaimer: This analysis is based solely on the provided image and general technical analysis principles. Crypto markets are highly volatile, and actual price movements can deviate significantly due to various unforeseen factors (news, market sentiment, etc.). This should not be considered financial advice.