$ETH Today's Trend Analysis

🕹 Market Situation

• Current Price: $4512.92 (Change -0.75%)

• Moving Averages EMA:

• EMA(7): 4526.05 (Price is below, short-term resistance level)

• EMA(25): 4558.15 (Stronger resistance level)

• EMA(99): 4566.78 (Medium-term trend remains weak)

→ Price is below the three moving averages, indicating a continued downtrend.

• Trading Volume: Increased during the decline, decreased during the rebound, indicating that bearish forces are still dominant.

📊 Technical Indicators

• RSI:

• RSI(6): 35.64 (Close to oversold, short-term rebound possible)

• RSI(12): 40.37 (Weak)

• RSI(24): 45.28 (Neutral to weak)

→ The market may experience a short-term oversold rebound, but the strength is limited.

• MACD:

• DIF -15.11, DEA -1.60, MACD Histogram -13.51 (Bearish is still obvious)

• However, the histogram is contracting, which may indicate a potential rebound forming at low levels.

🔑 Key Levels

• Support Level: 4465 (Today's low), if broken, may test 4400-4420.

• Resistance Levels: 4526 (EMA7), 4558 (EMA25), 4566 (EMA99), breaking these levels may reverse the short-term downtrend.

• All-day Trend Judgment:

• During the day, there may continue to be fluctuations, in the range of 4465 ~ 4560.

• If the short-term maintains the support at 4465, there will be a rebound to test 4526-4560;

• If it breaks below 4465, it could lead to a larger decline.

📌 Trading Thoughts

1. Short-term Trading: Consider light buying near 4465, targeting 4526-4558.

2. Medium-term Trading: Only if it remains above 4566 may it open up upward space; otherwise, it remains a rebound within a downtrend.

3. Risk Control: If it falls below 4465, a stop-loss is recommended to prevent a drop to 4400.

👉 Summary: Today, ETH is likely to have a weak oscillating trend, with 4465 being the key support; the rebound potential is limited, and pressure concentrates in the range of 4526~4566.