ETH's key support is facing challenges, with a 4-hour cycle or the possibility of a turnaround

Member indicators show that the current price of ETH is approaching the maximum trading volume area of chips (2592-2601), where buying power has reached 1.1 times, forming an important support. Combined with the analysis of K-line patterns, there has been a recent emergence of a combination of red three soldiers, coupled with a continuous increase in MACD bar chart, indicating that the bulls are still accumulating strength. However, caution should be exercised as the RSI has surpassed 70 and entered the overbought zone, and the latest candlestick has formed a top pattern, indicating a short-term risk of correction. Suggest paying attention to the effectiveness of 2592 support. Get real-time data ahead of time and accurately grasp the inventory of changes! 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.