$ETH Giant Whale Pressing on the Market, No One Knows? Increased Volume Stagnation, Tonight May Change the Trend!
If the volume doesn't break through, it's all just a game! Brothers, ETH's hourly chart is still repeatedly testing below.
1. Latest On-chain News!
1. Recent expectations for Layer 2 airdrops have slightly increased Gas fees, but large funds have not fully entered the market.
2. On-chain data shows that there are dense sell orders in the 4500–4700 range, with significant selling pressure, while there is buying support around 4300–4400. The market is currently in a stalemate.
3. CEX net inflows, large-scale exits of validators, and outflows of ETF funds may all put pressure on the price.
2. Latest Technical Analysis!
1. In terms of trading volume: Actual trading volume is 239,500, estimated trading volume is 294,200, but MA5 and MA10 are still above the actual - volume has increased but has not surpassed the recent average, indicating weak volume.
2. MACD is moving upward in the short term but with limited momentum: DIF and DEA, MACD bar: 16.85. The rising DIF indicates a short-term willingness to push higher, but the DEA is flat, and mid-term momentum has not yet exerted strength; be wary of false signals.
3. The moving averages show a consolidation pattern: MA5 > MA10, but the price has not stabilized above the moving averages, and a bullish arrangement has not formed, overall still showing a fluctuation structure.
Attention! ETH is currently in a high-level consolidation, with the direction yet to be chosen, and there is a slight divergence between volume and price!
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