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Looking at the 4-hour chart, there have been several consecutive large-volume bearish candles recently, especially yesterday's candlestick, which released a relatively strong downward momentum. The latest candlestick has a small real body, with a noticeably long lower shadow, and trading volume has decreased, indicating that the bearish momentum is beginning to weaken, market sentiment is gradually shifting to wait-and-see, and the short-term has entered a hesitant phase.
In terms of MACD, the DIF line has crossed below the DEA line and fallen below the 0 axis, with the DEA line gradually approaching the 0 axis. The MACD histogram remains in the negative zone and is further expanding, indicating that the current trend is still a relatively strong bearish trend, with bearish forces still dominating. However, it should be noted that as momentum is released, there may be some technical correction needed in the short term. #Gate13周年Dr.Han公开信 #加密市场小幅下跌 #美军封锁霍尔木兹海峡