#数字货币市场回调 ETH four-hour trend observation

From the market perspective, although there is a rebound, the trading volume has been consistently decreasing. The bulls in this wave of counterattack are clearly lacking funds, resembling more of a technical repair led by the bears. The weak rebound with a divergence between volume and price indicates that after a short-term adjustment, it is highly likely to continue moving downward; do not mistake the rebound for a reversal.

Although the MACD bearish bars are narrowing, they are still grinding at a low level, with no signs of increasing volume to stop the decline. In this situation, it is difficult to form a true reversal, and the height and duration of the rebound are limited.

Operationally: the range of 2880-2840 can be considered short, see near 2700.

BTC rebounded from 84011 in the early morning, and the bulls concentrated their efforts and fluctuated upwards to 86817 in the morning. $ETH followed the linkage, rising steadily from the low of 2718, reaching a high of 2812 in the morning.