【4-hour $ETH trend and operation interval points】
K-line pattern:
4-hour level shows a long upper shadow (2934 to 2879), indicating significant selling pressure above 2900
Daily level has closed with two consecutive bearish candles, forming an "evening cloud cover" pattern, a short-term top signal
Technical indicators:
MACD:4-hour level DIF crosses below DEA forming a death cross (6.23/-9.48), daily MACD histogram shrinks to -6.17
RSI:4-hour RSI(14) retreats from a high of 73.96 to 51.17, daily RSI maintains a weak area at 35.43
EMA:Price breaks below EMA7(2889) and tests EMA30(2875), daily EMA120(3153) forms strong resistance
Volume:
4-hour volume expands to 93628 alongside price decline, bearish momentum strengthens
Daily level volume of 267109 significantly shrinks compared to the previous day's 715280, rebound lacks buying support
【4-hour interval points】
Buy point one: 2850 (close to the previous swing low of 2865.09, with potential support, and the current price shows signs of being oversold, possible rebound initiation)
Buy point two: 2830 (compared to buy point one, there is enough space, and the distance to the long stop-loss point is not too far, suitable for reducing risk for re-entry)
Long stop-loss point: 2825 (set below buy point two, to protect capital from excessive losses, while maintaining flexibility to adapt to trends)
Sell point one: 2900 (when moving averages and MACD rebound to positive range in the short term, consider taking profits)
Sell point two: 2920 (higher than sell point one, reasonably expecting a market correction further attempts to profit)
Short stop-loss point: 2930 (set above sell point two, to avoid the risk of a strong rebound in a bullish market)
Mainly low long positions, currently still in a downtrend, brothers making profits remember to follow back Kun Ge
You can pay attention to $SOL $BTC
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