ETHUSDT 1d Market Trend Analysis Report
Based on market data provided by CoinAnk
Current Price: 3664.27 USDT
24-hour Change: -5.392%
Major Support Levels: 3595.95 USDT (S1), 3497.57 USDT (S2)
Major Resistance Levels: 3866.76 USDT (R1), 4039.19 USDT (R2)
Current Trend: Bearish consolidation (short-term correction, but medium to long-term moving averages remain bullishly arranged)
Detailed Explanation
Technical Indicator Summary
Moving Average System:
MA5=3757.43, MA10=3745.65, MA20=3591.21, MA120=2482.44
Short-term moving averages (MA5, MA10) alternate turning points, indicating short-term adjustment pressure.
MA20 (3591.21) remains a key support level; if it breaks, it may further pull back to MA60 or S2 (3497.57).
MA120 (2482.44) is still far below the current price, indicating that the long-term trend remains bullish.
MACD:
DIF=241.11, DEA=271.22, histogram (-30.11) shows a death cross state, with short-term momentum bearish.
However, the MACD is still above the zero line, indicating that the overall trend has not completely turned bearish; attention is needed to see if it further crosses below the zero line.
Alert:
Upper band=4111.60, Middle band=3591.21, Lower band=3070.82
The current price is between the middle band (3591.21) and the upper band, %B=0.60 (neutral to strong), but not positioned to break the upper band, indicating clear upward pressure.
If the price breaks below the middle band, it may test the lower band (3070.82).
Relative Strength Index:
RSI6=49.43, RSI12=64.95, RSI14=66.51
RSI6 is close to neutral (50), but RSI12/14 are still high, indicating short-term overbought correction is in progress, but has not entered the oversold zone.
KDJ:
K=56.55, D=67.04, J=35.58
KDJ death cross (K crosses below D), indicating a short-term bearish signal, but the J value is close to being oversold (35.58), requiring a rebound.
Capital and Volume-Price Analysis
Funding Rate: 0.00093800% (neutral, no obvious extreme bullish or bearish sentiment).
Trading Volume:
24-hour trading volume surged (6.66 million), but the price simultaneously dropped with volume, indicating short-term selling pressure.
Recent candlesticks show multiple high rebounds (e.g., 3873.47→3613.67), creating resistance above.
Capital Flow Data:
Contract funding net breakout 24h: -24.28 million USDT (significant outflow of main funds).
Spot funding net breakout 24h: -3.33 million USDT (retail investors are recently exiting).
Short-term (5m-1H) capital flow is volatile, indicating intense bullish and bearish competition.
Analysis Results
Direction: Short selling (high probability of short-term correction, but attention is needed on MA20 support for rebound).
Entry Timing:
Frontline short position: Enter near the current price of 3664.27, with a stop loss set above R1 (3866.76) (about 5%).
Frozen short position: Wait for a rebound to 3750-3800 (MA5/MA10 resistance zone) before entering, stop loss at 3850.
Stop loss set: 3%-5% (adjust based on starting point to avoid being stopped out by temporary fluctuations).
Target Price:
First target 3595.95 (S1), second target 3497.57 (S2), potential profit 5%-10%.
If the price stabilizes above MA20 (3591.21) and rebounds with volume, then it is necessary to close shorts and observe.