ETH 4-hour Candlestick Analysis: bearish traders make a strong push RSI Overbought follow 2817 buy point

[Coin World] The recent 4-hour Candlestick shows a significant price drop compared to 2025-07-11 16:00:00, breaking through the low point of 2025-07-11 20:00:00, and declining from the price at 2025-07-10 20:00:00. A bullish engulfing pattern appears, with the last Candlestick being a Bullish line, and the Closing Price is greater than the Opening Price. The recent Candlestick shows a volume: the recent trading volume has decreased, with a reduction in volume compared to the previous hours. Both price and volume are declining: the market is quiet, and trading is inactive. The technical indicator analysis shown by the recent Candlestick indicates: based on MACD analysis, there is no obvious trend; the MACD histogram: the histogram has changed from positive to negative: bearish traders are making a strong push. KDJ indicator: there is no KDJ golden cross or death cross, and based on KDJ judgment: the neutral KDJ value is: 77. The value of MA10 is greater than the value of MA30, date 2025-07-11 20:00:00, and the value of MA10 is greater than the value of MA30, date 2025-07-12 00:00:00. The value of RSI is greater than 70, which may lead to a pullback, with a divergence between volume and price. Based on the latest data, the analysis speculates: Buy Point 1: Price 2817.79, Buy Point 2: Price 2523.0607999999997, Go Long Stop Loss Point: Price 2521.14, Sell Point 1: Price 3096.0, Sell Point 2: Price 3050.01, Shorting Stop Loss Point: Price 3022.64. The recent support level: Price 2537.0, the recent resistance level: Price 3096.0, the recent highest point: 3007.6, the recent lowest point: 2533.81. Through the analysis of the 4-hour Candlestick of ETH, the specific details are as follows: Based on the latest data, the analysis speculates: Buy Point 1: Price 2817.79, Buy Point 2: Price 2523.0607999999997, Go Long Stop Loss Point: Price 2521.14, Sell Point 1: Price 3096.0, Sell Point 2: Price 3050.01, Shorting Stop Loss Point: Price 3022.64. The recent support level: Price 2537.0, the recent resistance level: Price 3096.0, the recent highest point: 3007.6, the recent lowest point: 2533.81.

ETH2.89%
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consensus_failurevip
· 07-14 09:32
I said earlier that it would be disappointing.
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CallmeCoinexpertzvip
· 07-12 09:41
what does this mean for a retail trader?
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FlashLoanLarryvip
· 07-12 08:09
lmao another predictable basis dump...time to backrun the liquidity void
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MechanicalMartelvip
· 07-12 08:08
The short positions are too fierce, aren't they?
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ForkPrincevip
· 07-12 07:56
Trapped, right? Play people for suckers.
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AirdropFatiguevip
· 07-12 07:49
It's chilling, going short is the right move.
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