2025-12-24 13:09:56

#ETH One-hour trend. Candlestick pattern:

Recently, the price has been oscillating in the 2900-2980 range, forming a downward channel. At 04:00 on the 24th, a long upper shadow appeared(2988.44), indicating strong resistance above 2950. On the 23rd at 22:00, after dipping to 2900, a quick rebound occurred, forming a hammer candlestick, with the 2900 integer support holding effectively.
2. Technical indicators:
MACD: On the 1-hour level, DIF(-11.7) and DEA(-11.9) are converging, approaching the zero line with a golden cross below; daily MACD(1.0) histogram turning red but still below zero.
76 RSI: 1-hour RSI(46.1) is neutral to weak, not entering oversold territory; daily RSI(43.6) is under pressure at the 50 midline.
EMA: Price remains under pressure from EMA30(2949.4), with EMA7(2930.8) about to cross below EMA30 to form a death cross.
Volume:
Significant volume at key levels: 12446 at 16:00 on the 24th during the decline, and 42078 at 22:00 on the 23rd during the bottoming.
Currently in a consolidation phase with decreasing volume, with only 4262 at 20:00, lacking directional momentum.

ETH-1,48%

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RockefellerMorganG

· 2025-12-24 13:10

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