$ETH Perpetual Contract Market Overview

ETH Perpetual Contract Current Price 4210.19, Price Change 3.36%. From the 2-hour K-line chart, the price is above MA5 (4164.68) and below MA21 (4227.93), showing a short-term rebound but facing resistance. If it struggles to break through levels like 4272.78 and 4391.14, the upward movement may be limited.

The MACD indicator has a golden cross, the histogram is red and lengthening, indicating strengthened bullish momentum in the short term.

In the next 4 hours, if the bulls manage to break through the resistance, it may continue to rise and test MA60 (4358.93); if faced with selling pressure, it may pull back, with support levels to watch at 4154.41 and 4061.00.

The crypto market is influenced by emotions, the economy, policies, and other factors, making it difficult to predict trends accurately, so trading must be cautious!

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