ETH short-term volatility intensifies: key support may become a winning or losing hand

The current 1-hour cycle shows that the price is below EMA24 but above EMA52. Combined with the distribution data of member indicator chips, strong support is formed around 2945, and the proportion of buying orders is as high as 96.29%, indicating that the region has strong carrying capacity. At the same time, the bottom pattern of the K-line and the shape of the belt catching line suggest a possible short-term rebound, but the trading volume has shrunk to 41.18% of the average level, indicating low market activity. The rebound strength should be viewed with caution. The MACD runs below the zero axis, which is double validated with support signals from member indicators, indicating limited downward space. If it falls below 2945, it may further explore 2920. It is recommended to pay attention to the performance of key support levels and seize opportunities to buy low in a timely manner. Open a membership, obtain accurate chip distribution support resistance analysis, and lock in trading opportunities in advance! The data is sourced from the PRO member's [ETH/USDT Binance USDT Perpetual 1-hour] K-line, for reference only, and does not constitute any investment advice.