【Daily Line $ETH Trend】

1. K-line Pattern:

Recently, the price has shown a significant rise after December 9, forming a strong bullish rally, but signs of a high-level pullback are currently evident.

The K-lines from December 10 to 11 show long upper shadows, indicating heavy selling pressure above.

2. Technical Indicators:

MACD: DIF and DEA are gradually flattening, red bars are shortening, and momentum is weakening, possibly entering an adjustment phase.

RSI: It has retreated from the overbought zone (around 72) to 54, indicating a decline in bullish strength.

EMA: The current price has fallen below EMA7 (3302), but remains above EMA30 (3198), with the medium-term trend still leaning bullish.

3. Trading Volume:

On December 9, there was a volume breakout, followed by a gradual shrinkage in trading volume, showing insufficient willingness to chase after rising prices.

Current trading volume has not effectively supported the price rebound, and market sentiment is turning cautious.