【Crypto World】Looking at ETH’s recent 4-hour trend, the price rebounded from the wave at 20:00 on the 25th, then showed a clear surge again at 16:00 on the 26th, but afterward started to decline—a small bullish candle closed, with the closing price still slightly above the opening, but it already seems a bit exhausted.
The most noticeable aspect is the shrinking trading volume. As the price rises, the trading volume actually declines, which is a classic divergence between volume and price, indicating that market enthusiasm is waning and the bullish momentum is weakening.
Technical details also confirm this. The MACD histogram remains positive but is gradually shortening, showing that the buying strength is clearly diminishing. The KDJ has not formed a clear golden cross or death cross, staying at a neutral-weak level of 67, indicating that the market has neither a clear upward trend nor a downward signal—it’s just oscillating.
From a key price level perspective, support is around 2907.0, and resistance is at 2975.0. Fluctuations within this range are likely to be the main theme moving forward. If looking for entry opportunities, the levels of 2903.95 and 2907.0 are worth watching; for stop-loss, 2889.43 is a safe line. Selling opportunities on the upside are at 3052.59 and 2975.0.
Overall, the market is currently quiet, with low trading activity, and in the short term, it is likely to oscillate within this range.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
7 Likes
Reward
7
6
Repost
Share
Comment
0/400
PrivacyMaximalist
· 19h ago
The divergence between price and volume, the bulls should be alert now.
View OriginalReply0
RektCoaster
· 12-27 03:30
The classic divergence between price and volume is back again, starting to fluctuate and drift around.
View OriginalReply0
DegenApeSurfer
· 12-27 03:30
I'm too familiar with the divergence between price and volume; the bulls are losing momentum.
View OriginalReply0
DataBartender
· 12-27 03:28
The divergence between price and volume is truly remarkable; the bulls really have no strength left.
View OriginalReply0
MEVHunterWang
· 12-27 03:24
The divergence between price and volume is truly brilliant; the bulls are already bleeding.
View OriginalReply0
CascadingDipBuyer
· 12-27 03:04
The divergence between price and volume, the bulls should take a break now. Why is 2975 so stubborn?
ETH 4-hour K-line: Bulls are losing strength, and the divergence between volume and price indicates consolidation
【Crypto World】Looking at ETH’s recent 4-hour trend, the price rebounded from the wave at 20:00 on the 25th, then showed a clear surge again at 16:00 on the 26th, but afterward started to decline—a small bullish candle closed, with the closing price still slightly above the opening, but it already seems a bit exhausted.
The most noticeable aspect is the shrinking trading volume. As the price rises, the trading volume actually declines, which is a classic divergence between volume and price, indicating that market enthusiasm is waning and the bullish momentum is weakening.
Technical details also confirm this. The MACD histogram remains positive but is gradually shortening, showing that the buying strength is clearly diminishing. The KDJ has not formed a clear golden cross or death cross, staying at a neutral-weak level of 67, indicating that the market has neither a clear upward trend nor a downward signal—it’s just oscillating.
From a key price level perspective, support is around 2907.0, and resistance is at 2975.0. Fluctuations within this range are likely to be the main theme moving forward. If looking for entry opportunities, the levels of 2903.95 and 2907.0 are worth watching; for stop-loss, 2889.43 is a safe line. Selling opportunities on the upside are at 3052.59 and 2975.0.
Overall, the market is currently quiet, with low trading activity, and in the short term, it is likely to oscillate within this range.