ETHUSDT 4h Market Trend Analysis
Current Price: 2866.18 USDT
24h Change: 1.520%
Major Support Level: 2789.99 USDT
Major Resistance Level: 2894.95 USDT
Current Trend: Fluctuating with a bullish bias
Detailed Explanation:
From the comprehensive analysis of technical indicators, the current ETHUSDT shows a tug-of-war between bulls and bears, but the bulls have a slight advantage in the short term. The moving average system shows MA5(2833.91) MA10(2811.75) MA20(2776.41), forming a short-term bullish arrangement, but MA120(3204.53) is still above the current price, indicating that the medium to long-term trend has not completely reversed.
The MACD indicator shows DIF(-29.96) DEA(-52.98), with a histogram of 23.02, in a golden cross state and momentum upward, which is a relatively clear bullish signal. The BOLL indicator shows the price is running near the upper band(2872.49), with a %B value of 0.92%, close to the overbought area, but has not yet broken through the upper band, indicating limited upward space.
The RSI indicator shows a divergent state, with RSI6(66.48) close to the overbought area, but RSI12(53.30) and RSI14(50.86) are in a neutral range, showing that it may be overheated in the short term but still healthy in the medium term. The KDJ indicator K(83.11), D(76.58), J(96.19) are all in the overbought area, indicating short-term pullback risks.
The funding rate of 0.01000000% is at a relatively low neutral level, showing a balance of bullish and bearish sentiment. Volume analysis shows a recent increase in volume, especially when the price broke through 2850, with significantly increased volume, in line with the healthy rising characteristics of volume-price coordination.
Capital flow data shows a net inflow of 657271307.04 USDT for the 4H contract, with a 24H net inflow of 466660422.16 USDT, indicating a large amount of capital flowing into the contract market, but 3D and 5D still show net outflows, indicating significant signs of short-term capital driving.
Analysis Result
Direction: Cautiously bullish
Entry Timing: It is recommended to build positions in batches when the price retraces to the 2830-2840 range, or wait for a breakthrough above the 2895 resistance level to chase the long position.
Stop Loss Setting: 2800 USDT (approximately 2.3% stop loss margin)
Target Price: 2950-2980 USDT (expected return rate 3.8-4.2%)
Note: This analysis is for reference only and does not constitute any investment advice! The current price is close to the BOLL upper band and KDJ is overbought, indicating short-term pullback risks. It is recommended to strictly control position sizes and stop losses. If it falls below the key support of 2800, timely adjustments to the strategy should be made.
