- Recent prices show a oscillating upward trend, with lows gradually rising and highs continuously breaking through. - Longer bullish candles formed on December 31 and January 2, indicating strengthening bullish momentum.
2. Technical Indicators:
- MACD: DIF and DEA are both above the zero line, with DIF continuously diverging upward, indicating a strong upward trend. - RSI: RSI14 is at 60.32, approaching the overbought zone but not yet in extreme territory, suggesting room for further gains. - EMA: Short-term EMA7 (2991.30) has clearly crossed above EMA30 (2973.83) and is far from EMA120 (2987.80), confirming a bullish trend.
3. Trading Volume:
- Trading volume increased between December 31 and January 2, especially during the surge on December 31, accompanied by significant volume, indicating active market sentiment and bullish dominance. - Recent candles show a slight decline in volume, but overall it remains relatively high, demonstrating continued active capital inflow. $BTC $ETH
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TheElderBrother-In-LawOfTheTen
· 5h ago
In the face of global turmoil, everyone wants to tear off the cloak of peace and control the world. We are willing to work with all parties to navigate between the two forces, playing both sides and continuously maneuvering in the middle.
Ethereum Trend Analysis
1. K-line Pattern:
- Recent prices show a oscillating upward trend, with lows gradually rising and highs continuously breaking through.
- Longer bullish candles formed on December 31 and January 2, indicating strengthening bullish momentum.
2. Technical Indicators:
- MACD: DIF and DEA are both above the zero line, with DIF continuously diverging upward, indicating a strong upward trend.
- RSI: RSI14 is at 60.32, approaching the overbought zone but not yet in extreme territory, suggesting room for further gains.
- EMA: Short-term EMA7 (2991.30) has clearly crossed above EMA30 (2973.83) and is far from EMA120 (2987.80), confirming a bullish trend.
3. Trading Volume:
- Trading volume increased between December 31 and January 2, especially during the surge on December 31, accompanied by significant volume, indicating active market sentiment and bullish dominance.
- Recent candles show a slight decline in volume, but overall it remains relatively high, demonstrating continued active capital inflow. $BTC $ETH