ETH four-hour Candlestick analysis: key support resistance level and trading strategy interpretation

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[Coin World] The recent 4-hour Candlestick shows that the price has significantly fallen compared to 2025-08-08 16:00:00, has rebounded compared to 2025-08-08 08:00:00, and has decreased compared to 2025-08-07 12:00:00. There is a bullish candle, and the last Candlestick is a Bullish line, with the Closing Price greater than the Opening Price. The current price and volume changes: the recent volume has decreased, the volume has reduced compared to the previous hours, the price is rising, and the volume is declining: the upward momentum is weakening. The current technical indicators are as follows: Based on MACD analysis of the current market trend: no obvious trend, MACD histogram: the histogram remains positive and gradually shortens: the strength of bullish traders is weakening. KDJ indicator: no KDJ golden cross and death cross, based on KDJ judgment: Overbought KDJ value is: 89. The value of MA10 is greater than the value of MA30, date 2025-08-08 20:00:00, the value of MA10 is greater than the value of MA30, date 2025-08-09 00:00:00. According to the 4-hour Candlestick technical indicators, the analysis indicates: Buy point one: price 3783.43, (long-term rising trend line support.) Buy point two: price 3563.2194. Go long stop loss point: price 3552.58. Sell point one: price 4193.31, (price rises to the right shoulder position of the head and shoulders pattern, with strong selling pressure.) Sell point two: price 4109.32. Shorting stop loss point: price 4081.29. Recent support level: price 3514.0. Recent resistance level: price 4144.0. Recent highest point: 4060.99. Recent lowest point: 3570.43. Through the analysis of ETH's 4-hour Candlestick, the specific content is as follows: According to the 4-hour Candlestick technical indicators, the analysis indicates: Buy point one: price 3783.43, (long-term rising trend line support.) Buy point two: price 3563.2194. Go long stop loss point: price 3552.58. Sell point one: price 4193.31, (price rises to the right shoulder position of the head and shoulders pattern, with strong selling pressure.) Sell point two: price 4109.32. Shorting stop loss point: price 4081.29. Recent support level: price 3514.0. Recent resistance level: price 4144.0. Recent highest point: 4060.99. Recent lowest point: 3570.43.

ETH-0.22%
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NewPumpamentalsvip
· 14h ago
Screwed it up, leveraged again.
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TestnetFreeloadervip
· 08-09 08:07
This trend is off... bearish
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GameFiCriticvip
· 08-09 08:07
Volume shrinks, bearish on this pump.
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DoomCanistervip
· 08-09 08:06
Given the situation, All in.
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RugDocScientistvip
· 08-09 08:01
Retail investors are going to get played for suckers again.
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BlockchainArchaeologistvip
· 08-09 07:53
Some people enter a position, some people get out of positions.
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IfIWereOnChainvip
· 08-09 07:53
A sucker is here, should I buy the dip?
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