$ETH Family, I have整理分析了一下趋势,可以自行判断操作!😎
Daily Level
In the continuation phase of the bearish trend, the downward momentum has not significantly weakened:
- Price Structure: Continuously retracing from the high of 4957.67, belonging to the "Continuation of Bearish Trend" structure;
- Momentum Indicators: RSI (27.14) is bearish, MACD green bars, bearish momentum continues;
- Key Support: Pay attention to the 4211.36 area.
4-Hour Level
After severe overselling, low-level consolidation, the rebound momentum needs to be observed:
- Momentum Indicators: RSI (13.82) is severely oversold, KDJ at a low level, there is a rebound demand;
- Price Structure: 4254.29 low-level consolidation, belonging to the "Consolidation After Overselling" form.
1-Hour Level
After the decline, weak consolidation, limited short-term momentum recovery:
- Moving Average Relationship: EMA bearish arrangement, price consolidating around 4300, if the rebound is weak, then the downward space opens up;
- Momentum Indicators: MACD green bars shrink, RSI (13.82) oversold, consolidation momentum is weak;
- Price Structure: Belongs to the "Weak Consolidation After Decline" form, support looks at 4254.29.
15-Minute Level
Consolidation in a bearish trend, short-term momentum has weakened:
- Moving Average Relationship: EMA bearish arrangement, price consolidating along the short-term moving average;
- Momentum Indicators: RSI (25.90) is bearish, MACD green bars shrink, short cycle bearish momentum continues to weaken;
- Price Structure: Belongs to the "Consolidation in Bearish Trend" structure, support looks at 4254.29.