ETH Market Analysis: Hourly MACD Divergence, Short-term Outlook for a Pullback
A clear MACD divergence signal has appeared on the hourly level. The market has repeatedly failed to break through the resistance at 4790, while the accompanying MACD indicator shows a continuous increase in volume.
White Silk Road: Cautiously bearish, expecting a continuation of the pullback.
Operational Suggestion: Enter at 4740, target 4670