The membership indicator shows that the current price is above the chip intensive area 4157, which is a short-term strong support. At the same time, the trading volume moving average has risen and activity has increased, but the convergence of KDJ indicates a weakening of trend momentum. If it falls below the 4157 support, it may trigger further pullback to the 4006.5 area.
The MACD bar chart continues to decrease, coupled with EMA24 breaking below EMA52, indicating a clear bearish signal in the medium to long term. Combined with the form of the Black Three Forces, market selling pressure is still accumulating, and we need to be alert to downside risks.
Open membership immediately, accurately capture support and resistance levels, and lock in profit opportunities in advance!
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.