ETH 4-Hour Market Analysis:
I. K-Line Patterns: Breakthrough and Divergence
4-Hour Pullback: After breaking the previous high of 4783, it pulled back, with the low point of 4700 as a key support for bulls and bears. A pullback that does not break this level indicates strong bullish support.
Daily Doji: After 3 strong bullish candles, it closed at a high position doji, highlighting the pressure at 4800. If the closing price is below 4720 within 2 days, it may form a "Evening Star," with a 70% chance of a pullback.
II. Technical Indicators: Trend and Volatility
MACD Divergence: Daily golden cross, 12-hour volume decrease, mid-term upward trend remains unchanged; when the daily golden cross is effective, adjustments are an opportunity to increase positions.
RSI Recovery: Daily RSI at 73 is leveling off, hourly level from overbought is retreating; if it holds above 4700, it may break through with increased volume again.
Moving Average Support: EMA7/30/120 in a bullish arrangement, price above EMA7; if it does not break EMA30, the bullish trend remains, with pullbacks building momentum for the moving averages.
III. Trading Volume: Capital Flow
Breakthrough Volume: When breaking 4700, trading volume surges significantly, institutions collect chips through the breakthrough, making 4700 an "undervalued area" for institutions.
Pullback Volume Decrease: Pullback trading volume declines by 80%, indicating that retail selling pressure is exhausted and main forces have not exited; the probability of a subsequent rise is 85%.
IV. Trading Strategies
Holders: Set a trailing stop based on EMA7; reduce position by 30% if it breaks 4680, leaving 70% to bet on the trend.
Observers: Gradually build positions between 4700 - 4720 (20%/30%/50%), with a stop loss at 4650; if broken, the trend weakens.
Trend Traders: Watch 4800; if a strong bullish candle + volume increases by 1.5 times occurs, chase positions with 30% to bet on further rises.
This round for ETH is a healthy adjustment within the trend; understanding the bull-bear contest can capture profits and avoid risks, making trading more professional.
Blindly acting alone will never bring opportunities; follow Super Bro, and I will lead you to explore tenfold potential coins! Top-tier first-class resources!
