$BOME #美国4月失业率上升 #以太坊ETF批准预期 【Price trend analysis】

1. K-line pattern:

- The recent 4-hour K-line shows that the price fluctuates greatly, and some K-lines with long upper and lower shadows appear, indicating that there are disputes in the market and the power of buyers and sellers is balanced.

- At the daily level, it closed positive for three consecutive days from May 2 to May 4, but turned negative on May 5, which may indicate that the upward momentum will weaken in the short term.

2. Technical indicators:

- In the MACD indicator, DIF and DEA are intertwined near the zero axis, and the height of the MACD column is not large, indicating that the current trend is not obvious and the market is in a state of shock.

- The KDJ indicator shows that the J value has fallen back from the overbought area, while the K line and D line are relatively stable, and there is no obvious golden cross or dead cross signal. Overall, the market has not formed a strong buy or sell signal.

- Both EMA7 and EMA30 are on an upward trend, and EMA7 is above EMA30. In the short term, bullish sentiment is strong, but it is necessary to pay attention to whether the gap between the two will narrow as a precursor to a change in the market.

3. Trading volume:

- From the 4-hour data, the trading volume increases when the price rises and decreases relatively when the price falls. This is a normal relationship between price and trading volume.

- On the daily level, as the price rose from May 2 to May 4, the trading volume gradually increased, but when the price fell on May 5, the trading volume decreased, which may mean that the upward momentum is insufficient.