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ETH

1-hour price trend of ETH: Downward.

This is a 1-hour Binance ETH/USDT K-line chart, with the latest price at: 3170.07 USDT, including EMA, MACD, KDJ, and trading volume indicators.

【Buy/Sell Points】

• Buy point one: 3200 USDT (Considering the death cross position of EMA(7) and EMA(30), and recent price support in this area)

• Buy point two: 3100 USDT (Near the lowest price, forming a strong support level, attracting buying interest if the price further declines to this level)

• Long stop-loss point: 3050 USDT (Leaving enough space to avoid triggering stop-loss due to small fluctuations, also a psychological level below recent lows)

• Sell point one: 3300 USDT (Near recent high, market has shown selling pressure, a preliminary profit-taking target)

• Sell point two: 3350 USDT (Approaching the highest price, potential for new upward movement if price breaks through, but may face selling resistance before that)

• Short stop-loss point: 3400 USDT (Above the recent high within the period, providing a safety cushion for short positions, considering psychological resistance at round price points)

【Price Trend Analysis】

1. K-line pattern:

   • Recent K-lines show significant price fluctuations, with multiple long upper and lower shadows, indicating intense competition between buyers and sellers in these price ranges.
   • A rising trend appeared from 10:00 on April 28 to 02:00 on April 29, followed by a price decline. The recent few K-line entities are small, with closing prices close to opening prices, possibly indicating increased uncertainty among market participants.

2. Technical indicators:

   • In the MACD indicator, the DIF continues to be below the DEA, and the MACD histogram is negative, indicating continued strong bearish momentum in the short term.
   • In the KDJ indicator, the J value is lower than the K and D values in the latest data, and all three are diverging downwards, suggesting possible further downward pressure in the short term.
   • In the EMA indicator, the EMA(7) has crossed below the EMA(30) and is heading down, a typical death cross signal indicating a shift to a bearish short-term trend.

3. Trading volume:

   • During the price increase phase (from 10:00 on April 28 to 02:00 on April 29), the trading volume was relatively high, indicating increased market activity during the rise.
   • Subsequently, as the price fell, the trading volume also decreased, with no significant increase in volume in the recent few hours, possibly indicating that the downward momentum has not gained widespread market acceptance.

ETHFI

1-hour price trend of ETHFI: Sideways.

This is a 1-hour Binance ETHFI/USDT K-line chart, with the latest price at: 4.326 USDT, including EMA, MACD, KDJ, and trading volume indicators.

【Buy/Sell Points】

• Buy point one: 4.350 USDT (EMA(7) and EMA(30) are close, if the price can stabilize above this level, short-term bulls may have the advantage)

• Buy point two: 4.267 USDT (Near the low point at 15:00 on April 29, if the price retraces to this level and does not fall below, it can be considered a support level)

• Long stop-loss point: 4.188 USDT (Below buy point two and leaving enough space to avoid triggering stop-loss due to small fluctuations)

• Sell point one: 4.466 USDT (Near the closing price at 13:00 on April 29, potential resistance if the price rebounds to this level)

• Sell point two: 4.503 USDT (High point at 12:00 on April 29, breaking this level may indicate further upward movement)

• Short stop-loss point: 4.554 USDT (Above sell point two, providing a buffer zone to reduce the risk of triggering stop-loss due to price oscillation)

【Price Trend Analysis】

1. K-line pattern:

   • Recent K-lines show significant price fluctuations, such as the long upper shadow at 21:00 on April 28 indicating strong selling pressure, and the long lower shadow at 14:00 on April 29 reflecting buying interest. Overall, market sentiment appears unstable.
   • From 20:00 on April 27 to 09:00 on April 28, there were consecutive small entity candlesticks alternating between positive and negative, indicating market indecision.

2. Technical indicators:

   • MACD indicator: The latest MACD value is negative (-0.115), and the DIF is below the DEA, indicating a bearish bias in the current trend, but the narrowing gap may indicate a potential reversal.
   • KDJ indicator: The J value of 26.87 is lower than the K and D values, if the J value starts to rise, there may be signs of a rebound; currently, the overall KDJ is in the oversold zone, caution is needed for a rebound.
   • EMA indicator: EMA(7) is slightly higher than EMA(30), indicating that bulls still have a certain advantage in the short term, but with the two close, attention is needed to see if a crossover occurs.

3. Trading volume:

   • The volume expanded during certain time periods, such as 15:00 and 21:00 on April 28, which usually accompanies significant price fluctuations and can be considered confirmation of support or resistance.
   • The trading volume has gradually decreased in the recent periods, indicating reduced market activity, and the subsequent trend may depend on whether new trading volume can guide the direction.

OP

1-hour price trend of OP: Downward.

This is a 1-hour Binance OP/USDT K-line chart, with the latest price at: 2.4881 USDT, including EMA, MACD, KDJ, and trading volume indicators.

【Buy/Sell Points】

• Buy point one: 2.5700 USDT (This price is close to the low point at 06:00 on April 28, if the market rebounds, this level may provide support)

• Buy point two: 2.5200 USDT (More conservative buy point, located in the lower area after 02:00 on April 28, a potential strong support level)

• Long stop-loss point: 2.5000 USDT (Leaving enough space to avoid triggering stop-loss due to small fluctuations, while considering psychological levels and levels near EMA(30))

• Sell point one: 2.6300 USDT (Close to the opening price of the latest K-line, if there is a short-term pullback, this level may face resistance)

• Sell point two: 2.6800 USDT (Near the high point at 11:00 on April 29, if the price rises to this level, it may face selling pressure)

• Short stop-loss point: 2.7100 USDT (Exceeding the recent local high point, providing appropriate risk management space for short positions)

【Price Trend Analysis】

1. K-line pattern:

   • Recent K-lines show intensified price fluctuations, especially between 02:00 on April 28 and 02:00 on April 29, indicating market uncertainty.
   • In the latest few hours, the price has been declining, especially after 06:00 on April 29, the opening price has been consistently lower than the previous period's closing price, forming consecutive bearish candlesticks.

2. Technical indicators:

   • In the MACD indicator, both the DIF and DEA are negative, and the MACD histogram shows increasing negative values, which is usually considered a sell signal or a bearish trend.
   • In the KDJ indicator, the J value has decreased slightly, and the frequent intersection of the K line and D line suggests potential reversal. But since the J value is still relatively low, it may indicate that the trend still leans towards a downward movement in the short term.
   • In the EMA indicator, the EMA(7) has crossed below the EMA(30) and continues to stay below it, which is a typical bearish signal.

3. Trading volume:

   • As the price fluctuated significantly, the trading volume also increased, such as at 01:00 and 02:00 on April 28, indicating that the price movement was supported by trading volume.
   • The trading volume has decreased in the recent few hours, consistent with the downward trend, possibly indicating the consolidation of the downward trend.

※All content is provided by the intelligent analysis assistant Xiao A, and is for reference only, not constituting any investment advice!

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