$ETH Conclusion

🔎 Technical Analysis

1. Price Status

• Latest Price: 4,520.20 USDT (down -2.27%)

• 24h Range: High 4,645.00, Low 4,465.00

👉 Currently in the lower half of the range, indicating significant short-term pressure.

2. Moving Averages (EMA)

• EMA(7): 4,525.86

• EMA(25): 4,555.17

• EMA(99): 4,565.74

👉 Price is below the medium to long-term moving averages, bearish trend continues, short-term reversal requires regaining above 4,555.

3. RSI

• RSI(6): 34.53

• RSI(12): 35.15

• RSI(24): 40.65

👉 RSI in the 30–40 range indicates the market is approaching oversold, but has not fully bottomed out, a technical rebound could occur at any time.

4. MACD

• DIF: -18.48

• DEA: -12.28

• MACD: -6.19

👉 Bearish trend remains, but the green bars are shrinking, indicating a weakening of bearish momentum.

5. Trading Volume

• Current Vol: 416 (very low)

• MA(5): 78,756

• MA(10): 82,724

👉 Significant decrease in volume, indicating that the decline has little follow-through selling, with a strong wait-and-see atmosphere in the market.

⸻

📊 Trend Judgment

• Trend: Overall bearish, but the downward trend is gradually slowing, and stabilization may occur at any time in the short term.

• Support Level:

• First Support: 4,500 – 4,480

• Strong Support: 4,465 – 4,440

• Resistance Level:

• First Resistance: 4,555 – 4,570

• Strong Resistance: 4,600 – 4,630

⸻

📝 Action Plan

• Short Term:

• If it holds above 4,500 – 4,480, consider trying a small position to go long, with a stop-loss below 4,440, targeting 4,550 – 4,580.

• If it breaks below 4,440, it may continue to test 4,380 – 4,350.

• Medium Term:

• If it can regain and hold above 4,570, it would indicate the end of the bearish trend, and the bulls will attempt to challenge 4,600 – 4,650.