Ethereum has been steadily rising on the one-hour chart, with trading volume decreasing as the price goes up. The MACD histogram is shrinking, and the fast line has crossed below the slow line, forming a death cross. The RSI indicator is weakening, indicating that bullish momentum is temporarily fading as the market begins to absorb selling pressure. Currently, it is at a key resistance level, and there is a higher probability of pulling back to the support level at 3030 before breaking out again, with a smaller chance of directly surging past 3100 points#十二月行情展望 .
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WhereIsTheCoinChain?
· 23h ago
Awesome
View OriginalReply0
NotChangingTheNameUn
· 12-03 12:36
I'm losing confidence in holding my short position.
Ethereum has been steadily rising on the one-hour chart, with trading volume decreasing as the price goes up. The MACD histogram is shrinking, and the fast line has crossed below the slow line, forming a death cross. The RSI indicator is weakening, indicating that bullish momentum is temporarily fading as the market begins to absorb selling pressure. Currently, it is at a key resistance level, and there is a higher probability of pulling back to the support level at 3030 before breaking out again, with a smaller chance of directly surging past 3100 points#十二月行情展望 .