ETH 4-hour [Price Trend Analysis]

Candlestick pattern:
The price has been fluctuating around 3300 recently, 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 retreat, and it is currently in the adjustment phase.
Technical indicators:
MACD: Currently, both DIF and DEA are negative, and the MACD histogram shows green bars, indicating that the short-term bearish momentum is strong, but the downward momentum is weakening.
RSI: RSI14 is close to 50, indicating that the market is in a neutral zone without any obvious overbought or oversold signals.
EMA: The price is above EMA7 (3297.45) but below EMA30 (3311.55), indicating a short-term trend towards consolidation, while the medium to long term still needs to observe whether it breaks through the key moving averages.
Trading volume:
In recent cycles, the trading volume has been relatively stable, with no significant increase or decrease, indicating a strong market wait-and-see sentiment.
During the period of sharp rise and fall, the trading volume significantly increased, indicating high market activity at that time.
【Buy/Sell Points】
Buy point one: 3200 USDT (near the previous low point, the integer level 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 lower than buy point two, to prevent breaking below the important support level)
Sell point one: 3400 USDT (near the previous high point, the integer level may form pressure)
Sell Point 2: 3450 USDT (significant upward potential after breakthrough, approaching recent high)
Short-selling stop loss point: 3475 USDT (slightly higher than the second sell point to guard against sustained rise after breakthrough)
4-hour price trend of ETH: Sideways
Based on data modeling analysis, it does not constitute investment advice, for reference only.