$BTC
$ETH Price Trend Analysis
1. Candlestick Patterns:
- In the last 4-hour period, the price has been continuously falling from a high level, forming consecutive bearish candles, indicating a short-term weak downward trend.
- On the daily chart, after a recent sharp decline, there has been slight consolidation, and the current candlestick is a small bearish candle.
2. Technical Indicators:
- MACD: In the 4-hour cycle, both DIF and DEA are below the zero line, and the MACD histogram's negative value is expanding, indicating strong bearish momentum.
- RSI: The 4-hour RSI is around 23