【ETH Major Capital Divergence Intensifies, Key Levels in 2-Hour Cycle are About to Break】
Current member indicators show that ETH has formed strong support in the range of 2947-2961, with a trading volume concentration rate of 7.72%, slightly favoring buying pressure. However, the latest 2-hour candlestick has shown a double top formation, and although the RSI has broken the upward trend line, it is accompanied by a significant contraction in trading volume and a decrease in market interest, indicating insufficient upward momentum.
The MACD histogram shows a double top, and the EMA24 has crossed below the EMA52, with a medium to long-term trend leaning weak. If the price breaks below the 2947 support, it could accelerate downward to 2927.5. Pay attention to the performance of the concentrated chip area and be cautious of bearish pressure.
