ETH under short-term pressure, with strong wait-and-see sentiment among main funds

The 4-hour cycle shows that the ETH price continues to run below EMA24 and EMA52, and member indicators have detected that trading volume has continuously shrunk to 27% of the average level, indicating a significant decrease in market buying willingness. At the same time, the convergence of the KDJ indicator suggests that the current downward momentum may weaken, but the distribution of chips shows that a strong resistance band is formed in the area of 4128-4105 above, and caution should be exercised against further price declines. The current 3827-3804 area is a key support, and if it cannot effectively stabilize, further downward testing may occur. The membership function accurately captures the main flow of funds and helps you plan ahead. Activate membership now to access key trends and precise location analysis! The data is sourced from the PRO member's [ETH/USDT Binance USDT perpetual 4-hour] K-line, for reference only, and does not constitute any investment advice.