1. Price and Moving Averages: ETH price has fallen from 4684.20 to the current 4447.29, below EMA24, EMA48, and other moving averages, showing significant pressure; MA120 (4458.01) constitutes a key short-term resistance, and if it can break through or alleviate downward pressure.
2. Trading Volume: Volume has increased during the decline phase, with heavy selling pressure; recent volume contraction leads to a balanced bull-bear struggle, and attention is needed on volume support during breakouts.
3. RSI: RSI1 (36.88), RSI2 (41.67), and RSI3 (46.48) are all below 50, indicating a bearish advantage, approaching oversold conditions with potential rebound demand.
4. KDJ: K (24.50) < D (30.29), forming a death cross with low values, indicating short-term weakness, but the K-line may have weak rebound momentum.
5. Bollinger Bands: Price is between the middle band (4525.54) and the lower band (4366.52), with the middle band acting as resistance; breaking below the lower band will deepen the adjustment, while stabilizing may lead to a rebound.
6. MACD: DIF (14.61) < DEA (30.80), with green bars continuing, indicating bearish dominance but shortening green bars, suggesting a potential weakening of bearish strength.
Fundamental Analysis (ETH News)
1. Large Withdrawals and Staking: An address withdrew 17,836 ETH from OKX, and the exit of PoS validators has pushed the re-staking protocol's TVL to exceed $30 billion, with withdrawals potentially increasing circulation selling pressure, while re-staking indicates ecosystem activity, with intertwined bullish and bearish factors.
2. ETF and Institutional Dynamics: The SEC has delayed a decision on Grayscale's Ethereum ETF staking function, increasing short-term uncertainty; Shun Tai Holdings plans to invest HKD 70 million, while CME futures open interest hits an all-time high, reflecting institutional interest, which is a long-term positive.
3. Market Supply and Demand and Investment: BitMine requires substantial investment, with funds shifting from speculation to long-term, reflecting changes in ETH's supply-demand pattern and investment logic, potentially supporting value in the long term.
Comprehensive Judgment
Technically, bears dominate but with weakening bearish strength, indicating potential for a short-term rebound; fundamentally, institutional layouts and other long-term positives coexist with short-term negatives like withdrawals. Short-term focus on 4458.01 (MA120) resistance, with a breakout and volume support potentially strengthening the rebound trend; if not broken, the downward oscillation may continue, with caution on lower band support. In terms of operations, light position holders may attempt to gamble on rebounds with stop-loss settings; for medium to long-term positions, consider buying on dips, tracking institutional movements and ETF progress, as cryptocurrency carries high risks, and position control is essential.
$ETH Ethereum (ETH) 4-hour K-line chart, the following is an analysis of its trend combined with various technical indicators:
Technical Indicator Analysis
1. Price Trend and Moving Averages: The price of Ethereum once surged to 4797.92, then fell back to a low of 4311.48, and is currently around 4480.07. The price is below EMA24 (4,558.86), EMA48 (4,535.12), EMA96 (4,435.96), MA30 (4,600.34), MA60 (4,488.63), and MA120 (4,450.87) moving averages, indicating that both short-term and medium-term are suppressed by the moving averages, and the market is in a bearish trend. In particular, the MA30 and EMA24 form significant resistance to the price.
$ETH Price Trends and Moving Averages: From the candlestick perspective, Ethereum's price started to rebound from a low of 4466.99, currently near 4593.92. The price is above the EMA24 (4,574.52), EMA48 (4,571.61), and EMA96 (4,571.96) moving averages, indicating that short-term moving averages provide certain support for the price. However, the MA120 (4,622.27) above still constitutes resistance, and if the price wants to move up further, it needs to effectively break through this moving average. 2. Trading Volume: During the price decline to a low, the trading volume increased, indicating that there is a certain level of trading activity and divergence between bulls and bears at low levels. Subsequently, during the rebound phase, the trading volume did not significantly continue to increase, indicating doubts about the sustainability of buying power while bulls push up the price, which may limit the height of the price rebound.
1. Institutional optimism and potential opportunities: Bankless Co-founder claims that ETH is an institutional-grade investment target, opening up a vast world for TradFi (traditional finance). In the long run, institutional recognition will help enhance ETH's market position and valuation, providing support for prices. 2. New highs and concerns about the bull market’s tail: Ethereum’s new high shows a shift in market momentum, but market leverage has surged. High leverage can easily trigger volatility. If the market reverses, leverage liquidation may exacerbate the decline. In the short term, we need to be wary of the “bull market’s tail” risk. 3. Supply, demand and market capitalization expectations: Trend Research mentioned that institutional demand for ETH far exceeds the supply of unstaked tokens. Under the imbalance of supply and demand, if institutions continue to buy, ETH prices will have upward momentum; the market capitalization is expected to reach a new high in 1-2 bull market cycles, releasing a long-term optimistic signal.
The current ETH price is 4,610.00, an increase of 3.88%. From the candlestick pattern, the price rebounded from a low of 4,405.79, reaching a high of 4,645.22, followed by a certain degree of oscillation. Overall, it shows an upward oscillating trend, indicating that bullish forces are gradually strengthening, but there is certain resistance at high levels, showing some competition between bulls and bears.
Moving averages (EMA and MA)
- EMA: The chart shows EMA24 (4,567.15), EMA48 (4,564.56), EMA96 (4,569.13), EMA192 (4,529.99). The price is above EMA24, EMA48, and EMA96, indicating that the short-term market is in a bullish trend, and these short-term moving averages provide some support for the price.
1. Price and Moving Averages: From the candlestick chart, the price rebounded from a low of 4311.48, currently at 4595.16, above short-term moving averages like EMA24 and EMA48, supported by moving averages; however, MA60 (4596.12) constitutes short-term resistance, the price is close to this moving average, whether it breaks through or not affects the trend. 2. Trading Volume: During the rebound phase, volume expands, indicating active buying; during consolidation, volume is relatively stable, the long-short game is temporarily balanced, attention needs to be paid to volume accompanying key level breakouts. 3. RSI Indicator: RSI1 (69.92), RSI2 (61.91), RSI3 (53.73) are all above 50, RSI1 is close to the overbought range, short-term bullish dominance but may have adjustment pressure.
From the K-line pattern, Ethereum's price has rebounded from a low of 4311.48, reaching a maximum of 4578.59, and then entered a consolidation phase, with the current price around 4547.99. This indicates that the market has seen a recovery in bullish strength following the previous decline, but a clear one-sided upward trend has not yet formed.
Moving Average (EMA and MA)
The chart contains EMA24 (4,496.55), EMA48 (4,538.21), EMA96 (4,559.77), EMA192 (4,519.07), as well as MA30 (4,473.31), MA60 (4,604.99), and MA120 (4,604.56). The current price is above EMA24 and EMA48, indicating that the short-term moving averages provide some support for the price; however, the price is still below MA60, indicating certain pressure above, and the medium-term trend has not completely turned strong.
From the candlestick pattern, Ethereum's price has experienced a significant drop, from a high of 4684.20 to 4311.48, followed by a certain degree of rebound. The current price fluctuates around 4454.07, showing an initial decline followed by a rise, but it has not yet returned to the previous high, and the market is in a consolidation and recovery phase.
Moving Average (EMA and MA)
The chart shows EMA24 (4,474.11), EMA48 (4,543.36), EMA96 (4,565.70), EMA192 (4,518.89), as well as MA30 (4,492.71), MA60 (4,635.51), and MA120 (4,588.80). The current price is near EMA24, and EMA24 shows a tendency to flatten, indicating that the short-term market direction is currently unclear; the price is below MA60, indicating certain pressure above, and the medium-term trend still leans downward.
The candlestick chart shows that Ethereum's price has continuously declined from a high of 4775.58, reaching a low of 4333.34. The current price fluctuates around 4355.02, showing a clear downward trend, with bearish forces dominating in the short term.
Moving Averages (EMA and MA)
The chart includes EMA24 (4,546.54), EMA48 (4,612.73), EMA96 (4,602.42), EMA192 (4,530.57), as well as MA30 (4,614.38), MA60 (4,695.77), MA120 (4,577.47). The current price is far below these moving averages, and the short-term moving average is crossing below the long-term moving average, forming a typical bearish arrangement, indicating that the market is in a strong downtrend, with the upper moving averages acting as strong resistance to price.
From the candlestick pattern, the price of Ethereum has continuously retreated from a high of 4824.87, currently around 4476.80, showing a significant downtrend, with bearish forces dominating the market.
Moving Averages (EMA and MA)
The chart shows EMA24 (4,644.36), EMA48 (4,672.20), EMA96 (4,629.56), EMA192 (4,539.97), as well as MA30 (4,697.13), MA60 (4,726.06), MA120 (4,577.07). The price is below these moving averages, and the short-term moving averages are crossing below the long-term moving averages, forming a bearish arrangement, indicating that the short-term market trend is downward, with the upper moving averages forming strong resistance against the price.
$ETH - Price and Moving Averages: After peaking at 4957.98, it has retraced to 4662.00, currently below the EMA24, EMA48 and other moving averages, with a bearish arrangement of short-term moving averages, constrained by the moving averages. - Trading Volume: The volume changes with fluctuations; it increases during the downtrend, reflecting selling pressure, while it stabilizes during the consolidation phase, indicating a temporary balance between bulls and bears. - RSI: The three lines (54.44, 46.98, 47.36) are around 50, with relative balance between bullish and bearish forces, showing no significant overbought or oversold conditions. - KDJ: K (49.35) > D (39.11), indicating a golden cross trend, suggesting potential weak rebound momentum in the short term. - Bollinger Bands: The price is below the middle band, which is sloping downwards, indicating a weak pattern, with the lower band (4534.51) possibly providing support. - MACD: DIF (-10.74) < DEA (8.02), with green bars continuing, indicating that bears still have dominance, but the shortening of green bars suggests a potential weakening of bearish momentum.
Summary: Short-term oscillation is slightly weak, with bears in control but their strength diminishing. Watch for the possibility to break through the resistance of moving averages and the middle band of Bollinger Bands, along with volume support. Cryptocurrency can be volatile, so it is crucial to consider news factors and operate cautiously.
The candlestick chart shows that Ethereum's price experienced significant fluctuations, reaching a high of 4,957.98 before significantly retreating, with the current price around 4,627.30. The sharp decline in price indicates that bearish forces are dominating in the short term, and there is considerable selling pressure in the market.
Moving Averages (EMA and MA)
The chart includes EMA24 (4,742.78), EMA48 (4,725.55), EMA96 (4,640.46), EMA192 (4,533.08), as well as MA30 (4,767.78), MA60 (4,762.61), and MA120 (4,542.67). The current price is below these moving averages, and the short-term moving average is trending downward through the long-term moving average, forming a bearish arrangement, suggesting that the short-term market is in a downward trend, with the upper moving averages providing significant resistance to the price.
From the candlestick pattern, the price of SOL coin shows an overall upward trend with fluctuations. Although there have been pullbacks, after hitting a low of 201.08, it rebounded again, and the current price is around 212.11, indicating relatively strong bullish forces pushing the price to continually attempt new highs.
Moving Average (EMA and MA)
The chart includes EMA24 (206.14), EMA48 (203.70), EMA96 (198.75), EMA192 (193.68), as well as MA30 (206.55), MA60 (203.88), MA120 (193.65). The short-term EMA24 and MA30 are above the price, providing some support to the price. Additionally, the short-term moving averages are above the long-term moving averages, showing a bullish arrangement, suggesting that the short-term market is in an upward trend.
The candlestick chart shows a surge followed by a pullback, with the price reaching a high of 0.24493 before retreating. The current price is 0.23303, showing a slight rebound after a short-term downward fluctuation, indicating fierce competition between bulls and bears.
Moving Averages (EMA, MA)
Short-term moving averages such as EMA24 and EMA48 are trending downwards, while mid-term moving averages like MA30 and MA60 are flat. The price is operating below the short-term moving averages and is under pressure from them, indicating a bearish short-term trend.
Trading Volume (VOL)
When the price surged, trading volume increased, but during the pullback phase, the volume weakened. During the rebound, the trading volume did not significantly increase, indicating insufficient buying support.
RSI Indicator
RSI1, RSI2, and RSI3 are all around 50, suggesting a relative balance between bullish and bearish forces, with no significant overbought or oversold conditions.
KDJ Indicator
The K value (26.43) is greater than the D value (24.87), indicating a golden cross trend. A weak rebound may occur in the short term, but overall it remains in a weak range.
Bollinger Bands (BOLL)
The price is between the middle and lower bands of the Bollinger Bands, with the middle band trending downwards, indicating a weak short-term trend, while the lower band provides some support.
MACD Indicator
DIF is slightly greater than DEA but overall remains near the zero axis, with MACD in negative territory, indicating that bearish forces still exist, although the difference is narrowing, suggesting a weakening of bearish momentum.
Comprehensive Judgment: Dogecoin is currently in a weak fluctuation pattern in the short term, dominated by bears but with diminishing strength. A weak rebound may occur, but a breakthrough of the moving average resistance and volume support is needed to reverse the trend. Cryptocurrency is highly volatile, so caution is required in operations.
From the candlestick chart, Ethereum's price once rose to 4,957.98, then fell sharply to 4,670.03. Currently, the price is fluctuating around 4,758.09, indicating intense competition between bulls and bears in the market, and the short-term price trend is volatile.
Moving Average (EMA and MA)
The chart shows EMA24 (4,776.12), EMA48 (4,735.90), EMA96 (4,635.89), EMA192 (4,525.08), as well as MA30 (4,783.39), MA60 (4,768.74), MA120 (4,521.39). The current price is below EMA24 and is suppressed by the short-term moving average, and the short-term moving average EMA24 has a tendency to cross below EMA48, suggesting that the short-term bearish force is increasing; at the same time, the price is near MA60, and MA60 has a certain support and suppression contention for the price.
The candlestick chart shows that Bitcoin's price has significantly declined, dropping from a relatively high level to 110,481.8, followed by a certain degree of rebound, with the current price around 113,468.1. A long bearish candle appeared during the decline, indicating that bearish forces were dominant during the drop, but the subsequent rebound indicates some resistance from the bulls.
Moving Averages (EMA and MA)
The chart shows EMA24 (113,977.4), EMA48 (114,365.4), EMA96 (114,572.4), EMA192 (115,113.3), as well as MA30 (114,393.7), MA60 (115,141.4), MA120 (114,265.6).
From the candlestick patterns, the price of Binance Coin shows a volatile state, reaching a high of 883.5, followed by a slight retreat, with the current price around 878.1. The price fluctuations indicate a game of forces between bulls and bears, and a clear one-sided trend has not yet formed.
Moving Averages (EMA and MA)
The chart includes EMA24 (873.9), EMA48 (874.1), EMA96 (869.4), EMA192 (859.0), as well as MA30 (873.4), MA60 (881.2), MA120 (865.2). The current price fluctuates near EMA24 and EMA48, indicating that the short-term moving averages have some support and resistance on the price; the price is below MA60, suggesting that there is certain pressure above in the medium term.