4-hour K-line, $ETH trend analysis!

【Price Trend Analysis】

K-line Pattern:

The 4-hour level shows a long upper shadow, with a peak touching 4740 before quickly falling back to 4555, indicating serious selling pressure above. On the daily level, after a 600-point surge on August 22, it has been in a high-level fluctuation for three consecutive days, forming an ascending wedge structure.

Technical Indicators:

MACD: The 4-hour level DIF crosses below DEA to form a death cross, while the daily level red bars continue to shrink. RSI: The 4-hour level falls from the overbought zone (74) to the neutral zone (49), while the daily level stays around 60. EMA: The price breaks below the 4-hour EMA7 (4689), testing the EMA30 (4599) support; the daily EMA7 (4587) and EMA30 (4173) maintain a bullish arrangement.

Trading Volume:

After the explosive volume of 510800 on August 22, the volume has continued to shrink to 38439 (current 4 hours). On the daily level, there is a volume-price divergence: the price reaches a new high while the trading volume has not surpassed the peak on August 24.

08-25 16:26:54

【Buy and Sell Points】

Buy Point One: 4550 USDT (previous low support level, 4-hour EMA30 coinciding with the integer level)

Buy Point Two: 4500 USDT (daily EMA7 support + 50 integer level, meeting the 1% interval requirement)

Long Stop Loss Point: 4470 USDT (30 points below Buy Point Two, stop loss margin is 60% of the buy point interval)

Sell Point One: 4700 USDT (high resistance from 4 hours ago + integer level, EMA7 suppression level)

Sell Point Two: 4750 USDT (upper edge of the ascending wedge + 50 integer level, meeting the 1% interval requirement)

Short Stop Loss Point: 4780 USDT (30 points above Sell Point Two, stop loss margin is 60% of the sell point interval)