#Friend.tech前景预测 #灰度撤回以太坊期货etf申请 $BOME 【Price trend analysis】

1. K-line pattern:

- The recent 4-hour K-line shows that the price fluctuates greatly, and there have been some rebounds after the decline. There was a clear upward trend from May 6 to 7, but then there was a pullback on May 8.

- At the daily level, the market has been on an upward trend since May 3, and it fell sharply after reaching the high point on May 6. It is currently in a shock consolidation stage.

2. Technical indicators:

- In the MACD indicator, DIF and DEA are both below the zero axis, and the latest MACD histogram is negative, indicating that there may be downward pressure in the current market.

- The KDJ indicator shows that the J value fluctuates slightly around 15, and the K line and D line do not cross frequently, suggesting that the market momentum is not strong and lacks a clear direction.

- In the EMA indicator, EMA7 has crossed EMA30 and is moving downward, which is a signal that the market may continue to be bearish in the short term.

3. Trading volume:

- The 4-hour K-line trading volume gradually decreased after reaching a peak on May 6, indicating that the upward momentum weakened and market participation declined.

- At the daily level, the trading volume also peaked on May 6, and then as the price fell, the trading volume also decreased accordingly, indicating that the high price attracted some selling orders into the market.