The current price is around 2523, located at the upper edge of the strong support range of 2491-2523. Member indicators show that the buying proportion in this region reaches 95%, but the selling pressure at the resistance level of 2629 has sharply increased, forming a clear chip gap. Combined with the KDJ overbought signal, the risk of a pullback has increased.
The 4-hour cycle K-line shows a top split pattern, with trading volume shrinking to 35.83% of the recent average, indicating insufficient upward momentum. EMA24 is below EMA52, and the bearish pattern confirms a downward trend.
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The data is sourced from the PRO member's [ETH/USDT Binance 4-hour] K-line, for reference only, and does not constitute any investment advice.
