$ETH Night Market Analysis
From the 4-hour candlestick chart, the price has shown some fluctuations compared to before, and the recent trading volume has decreased, with upward momentum weakening. The MACD histogram remains negative but is getting shorter, indicating that the bullish force is gradually strengthening; however, the KDJ indicator shows a death cross, and the market is in a neutral state.
On the news front, the Federal Reserve has maintained the current interest rate policy, and on the daily chart, the market closed with a doji star, indicating a temporary balance of power between bulls and bears. Meanwhile, on the 4-hour chart, there is a bullish engulfing pattern, and the market is forming a triangular consolidation pattern, currently at the bottom area, with some room for upward movement.
Overall, tonight's ETH market is quite entangled, with a tug-of-war between bullish and bearish forces. Although there are some signs and potential for an upward movement, there are also uncertainties; attention should be paid to the breakthrough of the key support level at $2459 and the resistance level at $2651.
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