The following is an analysis of the ETH 4-hour Candlestick.

Price trend

- Compared to the significant drop on 2025-05-05 20:00:00, there was a recovery compared to 2025-05-05 00:00:00. After the appearance of a small bullish bar, the last Candlestick was a bearish one, with the closing price lower than the opening price, indicating short-term price fluctuations with bearish pressure prevailing in the last Candlestick performance.

Trading Volume Situation

The decrease in trading volume, coupled with a decline in price and trading volume, indicates low market activity, low investor participation, a relatively quiet market, and a lack of significant driving forces.

Technical Indicator Analysis

- MACD: In a bearish market, the histogram remains negative and is gradually lengthening. The MACD line crosses below the signal line, forming a death cross, indicating strong bearish momentum, and prices may continue to decline in the short term.

- KDJ: Although a golden cross has appeared, the KDJ value is 35, which is in the neutral zone, indicating that the market trend is unclear and that the bullish and bearish forces are relatively balanced. One cannot solely rely on this indicator to determine the market direction.

Operation Suggestions

- Aggressive investors can take a light long position when the price approaches Buy Point 1 at 1794.51 and Buy Point 2 at 1796.0, setting a stop-loss below 1785.54, with targets looking towards Sell Point 1 at 1852.99 and Sell Point 2 at 1850.0.

- If the price rebounds to the resistance level near 1850.0 and meets resistance, consider trying a light short position, with a stop loss placed above 1862.25.

The above content is based on publicly available information and does not constitute investment advice. #以太坊 Pectra 升级 #Strategy 再增持 BTC