#ETH Today is January 4th, 2025.


I am your good friend Xuan Ge
1-hour eth comprehensive analysis

【Price Trend Analysis】
Candlestick Patterns:
Recently, the price has shown a volatile upward trend, and the overall trend is relatively strong.
After forming support near 3500 in the early stage, it has continued to rise for several days and is now approaching the 3600 integer level.
Technical indicators:
MACD: The fast and slow lines of the MACD on the hourly chart continue to diverge upwards, with the red columns gradually shortening; on the daily chart, the MACD fast and slow lines have crossed golden, with the red columns enlarging; on the monthly chart, the MACD fast and slow lines are still at a high level, but there are signs of a pullback.
RSI: The hourly RSI hovers around 70, entering the overbought zone; the daily RSI is around 55, showing a neutral bias towards strength; the monthly RSI is above 50, indicating a relatively optimistic market sentiment.
EMA: The hourly EMA7, 30, and 120 moving averages are in a bullish alignment, and the price is moving along the EMA7. The daily EMA7, 30, and 120 moving averages are also in a bullish alignment, with the price breaking through the EMA7 and EMA30. The monthly EMA7, 30, and 120 moving averages are similarly in a bullish alignment, with the price running above the EMA7.
Trading volume:
The trading volume on an hourly basis has increased, indicating an increase in market activity.
The daily trading volume has significantly increased, indicating positive capital inflows.

【Buy/Sell Points】
Buy Point 1: 3550 USDT (previous support level, close to EMA30 moving average)
Buy point 2: 3500 USDT (near the integer support level and the previous low)
Long stop-loss point: 3450 USDT (below the previous low to prevent false breakouts)
Sell Point 1: 3650 USDT (integer threshold pressure, near the previous high)
Sell Point 2: 3700 USDT (integer barrier pressure, further upward space)
Shorting stop-loss point: 3750 USDT (above the previous high to prevent false breakouts)
ETH1,32%
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