ETHUSDT 4h market trend analysis report

According to market data provided by CoinAnk

Current price: 2734.16 USDT

24-hour change: -0.120%

Main support level: 2620.00 USDT

Main resistance level: 2805.94 USDT

Current trend: fluctuating bearish

Detailed explanation:

From a comprehensive view of technical indicators:

The moving average system shows a bearish arrangement, with MA5(2755.12) and MA10(2752.61) basically overlapping, but significantly lower than MA20(2873.39) and MA120(3286.92), indicating that the medium to long-term trend remains bearish. The price is currently operating below all major moving averages, and the bearish pattern is obvious.

The MACD indicator shows DIF(-96.47) is lower than DEA(-94.04), with the histogram being negative (-2.43). Although the negative value is not large, it is still in a death cross state, suggesting that the downward momentum has not yet fully released.

The BOLL channel shows that the price is running near the lower track, with a %B value of 0.28%, indicating that the price is close to the lower track of the channel, with a possibility of a technical rebound, but the middle track at 2873.39 constitutes significant resistance.

All RSI indicators (RSI6=36.02, RSI12=34.10, RSI14=34.41) are in the oversold area, but have not yet reached extreme oversold levels, indicating that the downward momentum has weakened but has not been fully released.

In the KDJ indicator, the K value (40.83) is higher than the D value (33.26), and the J value (55.97) is relatively high, indicating a possible technical rebound in the short term, but overall it remains in a bearish pattern.

In terms of capital flow:

Recently, the contract funds have shown a significant net outflow, especially with a large net outflow of 38.7 million in 6H and 151 million in 12H, but 24H shows a net inflow of 179 million. This contradictory signal indicates serious market sentiment divergence. Spot funds are also showing a net outflow, with a 24H net outflow of 45.07 million, indicating that the overall market liquidity is tight.

Volume and Price Analysis shows:

In the recent few 4-hour K-line charts, the trading volume has significantly increased, especially during the price decline, indicating that the selling pressure remains heavy. From the K-line pattern, the price has formed a fluctuation pattern in the 2620-2805 range, repeatedly testing the 2620 support level, which has been supported, but the rebound strength is limited.

Analysis Results

Direction: Cautiously short

Entry Timing: It is recommended to short at highs in the 2750-2770 range, or to follow the short after the price breaks below the 2620 support level

Stop Loss Setting: 2820 USDT (approximately 3% stop loss rate)

Target Price Range: 2550-2580 USDT (expected return rate of 4-6%)

The current market is in a consolidation phase near the key support level, and although technical indicators show oversold conditions, the capital flow and moving average system still support a bearish pattern. It is recommended to adopt a cautious short strategy, strictly controlling positions and stop losses.

Note: This analysis is for reference only and does not constitute any investment advice!#ETH走势分析 #合约 #以太坊