4.11 Ethereum Market Analysis #以太坊

From the 4-hour level, a bottoming pattern with a long lower shadow has recently appeared, with the lowest price rebounding from 1483 to around 1555, indicating strong support at the 1500 level. The daily level has seen two consecutive days of closing in the green but has not broken through the previous high of 1640, forming a rebound structure in a downward trend, with key resistance at 1600.

Indicators show:

MACD: On the 4-hour level, DFI and DEA have crossed above the zero axis (-26.02 crossing -34.89), but on the daily level, it remains in the bearish zone (-141.11/-125.06).

RSI: The 1-hour RSI (14) has rebounded from 36.18 to 52.43, exiting the oversold area but still not entering the strong zone (above 50 is neutral). The daily RSI (14) is at 36.14, still in a weak position.

EMA: The price has risen above the 4-hour EMA7 (1546.32) but is under pressure from EMA30. All EMAs at the daily level show a bearish arrangement.

Trading volume shows a key divergence at critical positions; on April 11th at 12:00, when breaking 1550, the trading volume was only 67760, lower than the previous high near 1626 at 104597.

Strategy reference points: Short around 1570-1560

Target 1510-1500

Stop loss 1590-1600

The above views are for reference only! They do not constitute investment advice.