The conclusion of $ETH is here
📊 Current Market (ETHUSDT)
• Latest Price: 4549.58
• Price Change: -2.21%
• 24h Range: 4310.00 – 4667.38
• Trading Volume: 8.4943 million ETH (high capital activity)
• OI (Open Interest): 2.13 million contracts, valued at approximately 9.63 billion USDT, indicating frequent capital inflow and outflow in contracts, and potential for accelerated market volatility.
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🔎 Technical Indicators
1. Moving Average EMA
• EMA(7) = 4505.03
• EMA(25) = 4464.60
• EMA(99) = 4477.78
👉 Short-term (7EMA) > Medium to Long-term (25, 99EMA), indicating that the market is in a strong upward structure in the short term.
2. RSI
• RSI(6) = 79.94 (severely overbought)
• RSI(12) = 71.77 (overbought)
• RSI(24) = 63.66 (relatively high)
👉 The short-term is overheated, and there may be pressure for profit-taking.
3. MACD
• DIF = 24.88
• DEA = 16.52
• MACD = 8.36 (red bar, momentum is still increasing)
👉 Bullish momentum remains strong, and no turning signal has appeared yet.
4. Trading Volume & Average Volume
• Vol: 141,092 (current)
• MA(5): 143,698
• MA(10): 180,859
👉 Trading volume has decreased compared to the previous period, indicating some hesitation in chasing long positions.
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⚖️ Comprehensive Judgment
• Short-term (1h-4h): Price has broken above the EMA moving average system, in a strong zone, but RSI is overbought, and a quick pullback may occur at any time.
• Medium-term (daily): The upward trend is still maintained, as long as it does not fall below the 4460–4470 range, bulls remain dominant.
• Risk Point: RSI is too high → prone to short-term sharp declines and shakeouts.
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🛠 Operational Thinking
• Short-term Long Position: Buy on pullbacks 4470–4500, aiming for 4600–4660.
• High Position Defense: If it falls below 4440, be cautious of accelerated pullbacks, which may test 4380–4310.
• Short Selling Strategy: If it continues to push into the 4650–4680 range and RSI > 80, consider light short positions to capitalize on a retracement.