$ETH 【6.3 Ethereum Trend Analysis】
K-line Pattern:
In the 1-hour timeframe, there were 5 consecutive bullish candles breaking through the 2600 integer level, with a maximum of 2613.77, presenting a stepwise upward trend.
On the daily chart, a long lower shadow bullish candle was formed on June 2 (2475-2613), resulting in a single-day reversal structure.
Technical Indicators:
MACD: In the 1-hour timeframe, the DIF (17.2) crossed above the zero line and the histogram continues to expand. After the golden cross on the daily chart, the first red bar appeared shorter (-57.1→-63.7→-58.3).
RSI: The 1-hour RSI (75.6) has entered the overbought zone but has not shown a top divergence, while the daily RSI (61.7) broke through the 50 midline.
EMA: The price in the 1-hour timeframe has stabilized above EMA30 (2532.5), and EMA7 (2566.8) is crossing multiple moving averages at a 45° angle.
Trading Volume:
In the 1-hour timeframe, when breaking through 2585, the volume surged to 27543 (nearly 3 times the average level).
In the daily timeframe, the trading volume on June 2 was 461131, significantly higher than the 30-day average.
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Currently holding $LISTA
