The daily ETH MACD has formed a bottom nesting pattern. On April 7th, due to the impacts of macro policies and tariff trade wars, there was a huge trading volume, leading to a significant drop in both A-shares and foreign stock markets. The full lifecycle weekly level estimates a decline to the 1216-point level, with rebound points above at 1915 and 2480.

Today's daily K-line rose by 5.68%, marking the fifth challenge to the 1857 rebound point short-term high. After the high-level whale swallowing on the daily line, it has been a sideways trend for seven days. The recent bullish trend is evident, waiting for a breakout from the box oscillation to buy long, and if it stabilizes at the 1915 position, the medium-term outlook remains bullish up to 2480.

The 4-hour level box is in a sideways oscillation because the chips accumulated before April 7th were stuck, leading to a crash on the 7th. A lot of trapped chips need to be consumed before the bulls can rise again. A second wash and decline before a rise might be healthier, with a focus on the 1660 position for the wash and rise. The intraday hourly and 4-hour short-term trend is mainly oscillating, with fluctuations within 100 points. The 4-hour MACD golden cross trend shows green bars turning red, indicating a bullish trend on the water. $ETH $BTC