LuYunzhou

Price rebound is constrained, with clear moving average pressure.
On the latest hourly price chart, we can clearly see that the price is currently being suppressed by the upper MA144 and MA169 moving averages. Every rebound attempt seems exceptionally difficult, as if it’s hard to break through this encirclement. From a technical perspective, the MACD indicator also shows that market sentiment remains negative. Although the DIF line is running below the DEA line, the green bars have started to narrow, indicating that the selling pressure is gradually weakening. However, this does not mean that
On the latest hourly price chart, we can clearly see that the price is currently being suppressed by the upper MA144 and MA169 moving averages. Every rebound attempt seems exceptionally difficult, as if it’s hard to break through this encirclement. From a technical perspective, the MACD indicator also shows that market sentiment remains negative. Although the DIF line is running below the DEA line, the green bars have started to narrow, indicating that the selling pressure is gradually weakening. However, this does not mean that
ETH-4.07%