ETH key points under pressure, 90 minute cycle alert for further pullback

The current price is below the resistance of 4184, and the membership function shows that this area is a high trading volume node, with a buy sell ratio close to 1, indicating fierce long short competition. The latest 90 minute candlestick trading volume has shrunk to 35% of the average level, combined with the downward trend of the EMA24 and EMA52 double moving averages, enhancing the downward momentum and verifying the bearish signal of the member indicator. Although RSI is in the oversold zone, the KDJ death cross indicates short-term or continued weakness. If it falls below the 3896 support, it may accelerate its downward trend to the low point of 3815. Open a membership, accurately grasp the distribution of high and low points and buying and selling opportunities! The data is sourced from the PRO member's [ETH/USDT Binance 90 minute] K-line, for reference only, and does not constitute any investment advice.