ETH/USDT Four Hour Trend Analysis
📈 Current Price: 1790.45 U
📊 RSI(14): 54.12
🔍 Volume: Mild growth, momentum gradually accumulating
1. Overall Trend Analysis
ETH has experienced a continuous pullback from above 2600 USD, finding a temporary bottom around 1500 USD, and has since launched a corrective rebound.
The most recent increase effectively broke through the important resistance area of 1760~1780, currently entering a high-level consolidation phase near 1790.
The overall trend shows a typical oscillating upward structure, with short-term momentum still supporting further rebounds, but high-level pressure is gradually becoming apparent.
2. Technical Indicator Observation
📌 RSI:
The current RSI is at 54.12, which is in the neutral to bullish zone, indicating a slightly optimistic market sentiment.
However, it is also observed that the RSI encounters resistance and falls back near 70, with momentum rising slowing down. In the short term, attention should be paid to whether it strengthens again or forms a top divergence.
📌 Volume:
The recent surge was accompanied by a mild increase in volume, consistent with healthy upward characteristics.
The current consolidation phase shows a slight contraction in volume; if there is no accompanying increase in volume in the short term, caution should be exercised regarding the possibility of resistance at high levels.
3. Key Support and Resistance Levels
Short-term Support: 1760 USD
Core Support: 1720 USD
Upper Resistance: 1800~1820 USD range (important breakout point)
Medium-term Target Resistance: 1880~1900 USD (if 1800 breaks, it can be expected to test)
If it can effectively maintain above 1760, the possibility of continuing the rebound to 1820 or even 1900 increases; if it falls below 1720, caution should be taken regarding entering a new round of adjustments.
4. Volume-Price Relationship and Structural Analysis
The overall volume-price matching is acceptable, belonging to a structure of “volume matching, price moderately rising.”
However, attention needs to be paid to signals of weakening momentum at high levels. Currently, it seems that ETH is more likely to oscillate and consolidate in the range of 1760~1820 in the short term, waiting for a new directional choice.
If the volume stabilizes with a decrease during the pullback to support, it will be beneficial for continued rebound later; if the volume increases and drops during the pullback, then caution is advised.
5. Comprehensive Summary
✅ ETH overall continues the rebound pattern, and the structure remains intact, leaning bullish in the short term but with increased high-level fluctuations.
✅ The operational suggestion is to follow the trend, watch for bullish opportunities at support pullbacks, and be cautious about chasing highs.
✅ In the short term, key attention should be on the defense of 1760 support, while the 1800~1820 area is an important resistance zone; position control is needed before breaking through.
