The current price is around $2420, and member indicators show strong support at this level, with dense trading volume and a near equilibrium long short ratio. Combined with the 90 minute cycle K-line pattern, the cross star signal suggests that market hesitation has intensified and a rebound may be brewing. In addition, KDJ showed a golden cross in the 3-hour cycle, further verifying the possibility of short-term upward repair.
However, the overall trend is still weak, with significant suppression from the EMA24/52 moving average and continued decline in trading volume indicating insufficient market activity. If it falls below $2420, we need to be alert to the risk of accelerating the downward trend.
Member indicators accurately capture support and resistance, helping you plan key points in advance!
The data is sourced from the PRO member's [ETH/USDT Binance 90 minute] K-line, for reference only, and does not constitute any investment advice.