【Price Trend Analysis】

1. K-Line Pattern:

   • The daily level shows that the recent price has been fluctuating in the range of 115,000-117,000. After a large bearish candle on September 19, there have been consecutive small rebounds, but the strength is weak.

   • The 4-hour level has formed a consolidation pattern after a high-level pullback, and the current closing price is gradually approaching the previous low support area.

2. Technical Indicators:

   • MACD:

     • At the daily level, both DIF and DEA are below the zero axis, with bearish momentum prevailing.

     • At the 4-hour level, DIF and DEA have crossed downwards, with green bars increasing, indicating short-term downward pressure.

   • RSI:

     • The daily level RSI is around 44, not entering the oversold zone, but is on the weak side.

     • The 4-hour level RSI is 44.39, showing a weak oscillating state.

   • EMA:

     • The daily level EMA7 (115,758) has been broken, with EMA30 (116,103) providing upper resistance, and EMA120 (114,504) offering medium to long-term support.

     • At the 4-hour level, both EMA7 (115,758) and EMA30 (115,995) have been broken, indicating a bearish short-term trend.

3. Trading Volume:

   • The daily level trading volume has been continuously shrinking since September 18, indicating weakened market trading sentiment.

   • The 4-hour level trading volume shows no significant fluctuations, remaining overall sluggish, lacking the driving force of directional strength from bulls or bears.

   • Wishing you successful trading!

     【The above analysis and strategies are for reference only. Please bear the risks yourself. The article review and publication may have delays, and the strategies may not be timely. Specific operations should follow the real-time strategies of crypto experts.】

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