ETH 4 Hours [Price Trend Analysis]

Candlestick Pattern:
The recent price has been fluctuating around 3300, with multiple upper and lower shadows, indicating market hesitation and uncertainty.
There was a rapid rise to 3455.76 in the early stage, followed by a decline, and now it is in the adjustment phase.
Technical Indicators:
MACD: The current DIF and DEA are both negative, and the MACD histogram is showing green bars, indicating that bearish momentum is strong in the short term, but the downward momentum is weakening.
RSI: RSI14 is close to 50, indicating that the market is in a neutral zone with no clear overbought or oversold signals.
EMA: The price is above EMA7 (3297.45) but below EMA30 (3311.55), indicating a short-term trend of consolidation, while the medium and long-term still need to observe whether it can break through the key moving averages.
Trading Volume:
In recent cycles, the trading volume has remained relatively stable, without significant expansion or contraction, indicating a strong market wait-and-see sentiment.
During the previous period of sharp rise and fall, the trading volume significantly increased, indicating a high market activity at that time.
【Buy/Sell Points】
Buy point 1: 3200 USDT (near the previous low, the integer threshold may form support)
Buy point 2: 3150 USDT (further probing into a stronger support area, close to the lowest price on January 19th)
Long stop loss point: 3125 USDT (slightly below buying point two to guard against breaking important support level)
Sell Point 1: 3400 USDT (near the previous high point, the integer level may form resistance)
Sell point 2: 3450 USDT (There is a large upward space after the breakthrough, close to the recent high point)
Short Selling Stop Loss Point: 3475 USDT (slightly higher than the second selling point to guard against sustained upward movement after a breakthrough)
4-hour price trend of ETH: Sideways
Analysis based on data modeling deduction, does not constitute investment advice, for reference only.