【Price Trend Analysis】
1. K-line Pattern:
- The daily level shows that the recent price has continued to decline from the high of 4444.98 on September 22 to 4012.08, forming a clear downward trend. During this period, a large bearish candlestick appeared (such as on September 25), indicating strong bearish strength.
- In the 4-hour cycle, the price rebounded after the low of 3875.71 on September 26, but failed to break through the previous high of 4039.56, currently in a consolidation phase.
2. Technical Indicators:
- MACD: The MACD histogram in the 4-hour cycle is gradually shortening, with DIF and DEA still in negative values but close to the zero axis, suggesting that the downward momentum is weakening, and there is a possibility of entering a consolidation or rebound phase.
- RSI: The RSI14 is around 41.95, far from the overbought and oversold range, indicating that the market currently has no extreme emotions and the trend leans towards consolidation.
- EMA: EMA7 (3992.35) is very close to the current price, providing effective short-term support; EMA30 (4100.81) and EMA120 (4313.39) are both above, forming a pressure zone.
3. Trading Volume:
- The daily trading volume surged to 930328 on September 25 and then gradually shrank, indicating a decrease in market activity and an increase in cautious sentiment among funds.
- The trading volume in the 4-hour cycle shows a slowdown, with the latest candlestick trading volume only at 22087, significantly reduced compared to before, indicating insufficient market participation willingness.
ETH Price Trend Prediction for Today: Consolidation
Analysis based on data models, not constituting investment advice, for reference only.