4-hour level (central level trend)
Trend structure (Dow Theory)
The price is forming a stage high point near 3239, currently fluctuating within a high-level box.
The recent strong support below remains in the 3099 area, which has not been broken → the medium-term upward trend remains intact.
Currently, it is a pullback repair + high-level fluctuation, which is a normal consolidation in an upward trend.
Indicator level
MACD:
DIF is declining but still above the 0-axis → the upward trend is not damaged, just a decline in momentum.
Bearish bars are gradually decreasing, indicating that there is a probability of a secondary surge on the 4H.
RSI: 55-56 area, which belongs to the healthy range of bulls, not considered overbought.
There are signs of a turning upward again.
Volume: Trading volume has not significantly increased, indicating both bulls and bears are cautious, the market is waiting for direction.
4-hour conclusion: the upward trend is still present, currently oscillating, pullbacks still present low bullish opportunities.
1 hour level (short-term rhythm)
Structural trend
Since the 3239 high point, it has pulled back, currently stabilizing again in the 3150-3160 range.
1 hour small cycle forms top pullback → sideways stabilization → attempt rebound again rhythm.
Indicator level
MACD: DIF is moving down, but green bars are shortening, indicating that the downward momentum is dissipating.
Conditions for forming 1H gold expectation are present.
RSI: has risen from a low position (around 40) to about 47, belongs to the rebound initiation zone.
1 hour conclusion: The 1 hour is currently at the position of pullback end → preparing for rebound, short-term rhythm is bullish.
Strong resistance 3239 previous high, main bullish target
Secondary resistance 3206-3210 currently suppressing short-term price resistance
Strong support 3099 medium-term trend key support (breaking it would weaken)
Short-term support 3140-3150 1 hour stabilization zone, bullish defense area
Summary: ETH medium-term 4-hour trend still clearly bullish, 1 hour is currently undergoing a rebound after a pullback.
Best low bullish area: 3145-3155
Strong support: 3099, breaking it would weaken the trend
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