2025/5/20 ETH Midday Analysis [Price Trend Analysis]

Candlestick Pattern:

The 4-hour level shows that the price is fluctuating around 2546.91, with a recent high of 2588.63 and a low of 2510.72, forming a short-term consolidation range.

The 1-hour level shows that the price is fluctuating around 2546.91, with a recent high of 2580.28 and a low of 2535, forming a short-term fluctuation pattern.

Technical Indicators:

MACD: The 4-hour MACD histogram has turned positive, indicating a strengthening short-term bullish momentum; the 1-hour MACD histogram remains positive, but the DIF and DEA are close, indicating a weakening short-term momentum.

RSI: The 4-hour RSI is 54.81, in the neutral zone, with no obvious overbought or oversold signals; the 1-hour RSI is 59.37, close to the overbought area, requiring caution for potential pullback risks.

EMA: The price is operating above EMA7 (2511.23) at the 4-hour level, with a short-term bullish trend; at the 1-hour level, the price is fluctuating around EMA7 (2547.89), with strong short-term support.

Volume:

The 4-hour trading volume fluctuates between 65012 and 153201, with no significant increase in recent volume, indicating general market participation.

The 1-hour trading volume fluctuates between 20184 and 50971, with recent volume increasing, indicating heightened short-term market activity.

[Buy/Sell Points]

Long Entry Points (Current short-term trend is slightly upward, but caution is needed for pullback risks)

Buy Point One: Around 2500 (integer support + recent 4-hour low of 2510.72, while EMA30 provides strong support near 2500)

Buy Point Two: Around 2480 (the extended support level of the previous low of 2479.8; if the price pulls back deeper, one can enter long here)

Long Stop Loss Point: Below 2450 (below the previous low of 2450.86, ensuring not to be stopped out by a false breakout)

Short Entry Points (The key resistance area is under pressure; a short position can be attempted)

If the price forcefully breaks through 2580~2600 but fails to break out with volume and quickly retreats, a short position can be attempted, with a stop loss set at 2630.