ETH short-term pressure: key support 3644 may become a long short watershed

The current 90 minute cycle K-line shows that ETH has formed a black three soldier pattern, combined with the latest KDJ death cross signal. The member exclusive chip distribution indicator indicates that 3644 is a strong support level, and there is a concentrated trading volume of over 2.5 million USDT near this price, with intense long short games. If it falls below, it may accelerate its downward trend to 3604. From a technical perspective, EMA24 is still above EMA52, indicating an overall bullish trend, but the cross star pattern suggests market hesitation. Meanwhile, the 10 day moving average of trading volume has fallen by over 20%, indicating a strong wait-and-see sentiment in the market, and the short-term support of 3644 will face severe challenges. Open membership, unlock real-time chip distribution and accurate buying and selling point prompts! The data is sourced from the PRO member's [ETH/USDT Binance USDT perpetual 90 minute] candlestick, for reference only, and does not constitute any investment advice.