ETH 1-Hour K-Line Analysis – Range-Bound Movement

Current price is around $4,300, consolidating between the $4,330 resistance and $4,168 support.

The market is in a consolidation phase, building momentum ahead of a potential breakout.

Moving Average Support

Short-term moving averages (yellow and purple lines) are repeatedly crossing within the range, indicating a temporary balance between bulls and bears.

The MA200 (blue line) continues trending upward, signaling that the mid-term trend remains bullish.

MACD Momentum

The histogram shows signs of recovery, but the strength is limited. A breakout from the range is needed to confirm the direction.

Short-Term Strategy

Break above $4,365 → Target $4,400

Drop below $4,260 → Watch for support near $4,168
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