ETH 4-hour 【Price Trend Analysis】

Candlestick pattern:
The price has been oscillating around 3400 recently, failing to break through the previous high of 3444.
Multiple long upper shadows indicate significant selling pressure from above.
Technical indicators:
MACD: Both DIF and DEA are negative, and the MACD histogram shows that the bearish momentum is weakening but still in a downtrend.
RSI: RSI14 is close to 50, indicating neutral market sentiment with no obvious overbought or oversold signals.
EMA: The short-term EMA7 (3377.72) is below the medium-term EMA30 (3390.65) and significantly lower than the long-term EMA120 (3529.97), indicating an overall bearish arrangement.
Volume:
After reaching its peak on December 27th, the trading volume gradually decreased, indicating a decline in market activity.
The recent few K-line volumes are relatively small, reflecting a strong market wait-and-see sentiment.
【Buy and Sell Points】
Buy Point 1: 3350 USDT (near the previous low, integer support level)
Buy Point 2: 3300 USDT (further probing to a stronger integer support level)
Long stop loss point: 3275 USDT (25 points below the second buying point to prevent false breakouts)
Sell point 1: 3450 USDT (close to the previous high of 3444, a significant resistance level)
Sell point 2: 3500 USDT (further upward to stronger integer resistance)
Short Selling Stop Loss Point: 3525 USDT (25 points above the second sell point to prevent false breakthroughs)
4-hour price trend of ETH: consolidation.
Based on data model deduction, the analysis does not constitute investment advice, for reference only.