ETH Afternoon Highlights!
Technical indicators at the 4-hour level show that MACD momentum is weakening, KDJ indicators have formed a death cross, and the RSI value exceeds 70, indicating that the market may be overbought in the short term. Key support levels are in the $4650-4700 range, and resistance levels are at $4800-4860.
Investors like Bitmine have increased their holdings by 9613 ETH, and Grayscale has also increased their holdings by 2909 ETH.
Yong Ge continues to be bullish around 4740-4700, looking to go long, aiming for 48000 first and then 4850! Traders should set their own stop losses, as the market changes rapidly! Only real trading is what Yong Ge excels at! #ETH🔥🔥🔥🔥🔥🔥