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OP

OP's 1-hour price trend: Down.

This is a 1-hour Binance OP/USDT K-line chart, with the latest price at: 2.4876 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

• Buy point one: 2.48 USDT (Considering EMA(7) and EMA(30) are close, if the price can stabilize above this level, it may attract trend-following buyers)

• Buy point two: 2.46 USDT (This price is close to the low points of multiple hourly K-lines, if the price touches this level, there may be support, suitable as a more conservative buy point)

• Long stop-loss point: 2.44 USDT (Leave enough space to avoid stop-loss triggered by small fluctuations, while this price is lower than the recent lows, breaking below may indicate a weakening trend)

• Sell point one: 2.50 USDT (Near the current price range, if the price can break through and stabilize, it may attract more buying interest, forming upward momentum)

• Sell point two: 2.52 USDT (Near the recent high point, if the price can reach this level, it may face significant pressure, suitable as an initial profit-taking position)

• Short stop-loss point: 2.54 USDT (Exceeding the recent highs of multiple hourly K-lines, if the price rises to this level, it may indicate a bullish trend confirmation, suitable for short sellers to stop loss and exit)

【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.
   • The latest few hourly K-lines show a certain degree of convergence, especially the last K-line approaching a doji, possibly indicating increased uncertainty in the current trend.

2. Technical indicators:

   • MACD indicator shows both DIF and DEA are negative and the MACD histogram is expanding, suggesting strengthening bearish momentum in the short term.
   • The KDJ indicator's J value is at a low level in the latest data, and the K and D lines have intersected to some extent. If the future K-line crosses above the D-line, it may generate a golden cross signal, indicating a possible reversal or pullback.
   • The EMA indicator's 7-period EMA is gradually approaching the 30-period EMA, if the 7-period EMA crosses below the 30-period EMA, it will form a death cross, further confirming the bearish trend.

3. Volume:

   • Volume has increased during certain time periods, especially when the price changes rapidly, indicating that price movements are supported by volume.
   • The recent few hours' volume has been relatively stable, with no significant increase or decrease, consistent with the current market's oscillating consolidation.

MERL

MERL's 1-hour price trend: Sideways.

This is a 1-hour Gate MERL/USDT K-line chart, with the latest price at: 0.884 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

• Buy point one: 0.900 USDT (Recent support level, near the intersection of EMA(7) and EMA(30), if the price retraces to this area, there may be buying interest)

• Buy point two: 0.880 USDT (Stronger psychological and technical support level, close to the low points of multiple hourly K-lines, selling momentum may exhaust here)

• Long stop-loss point: 0.870 USDT (Leave enough space to avoid stop-loss triggered by small fluctuations, considering the recent lowest price levels)

• Sell point one: 0.950 USDT (Short-term resistance level, previous high point, the market may face selling pressure here)

• Sell point two: 0.980 USDT (Strong historical resistance level, if the price breaks through, consider aiming for higher levels, but ensure partial profits first)

• Short stop-loss point: 1.000 USDT (The integer level has important psychological significance, short sellers should set stop-loss above this level to control risk)

【Price Trend Analysis】

1. K-line pattern:

   • Recent K-lines show intensified price fluctuations, especially from 19:00 on April 21 to 00:00 on April 22, with long upper and lower shadows, indicating that buyers attempted to push the price higher but failed to sustain, followed by a price decline.
   • Starting from 14:00 on April 22 to the latest data, the length of the K-line body gradually shortens, with uneven lengths of upper and lower shadows, reflecting weakened market decisiveness, possibly entering a consolidation phase.

2. Technical indicators:

   • The MACD indicator shows that the DIF and DEA values are close and the MACD histogram tends towards zero, indicating current weakening market momentum without a clear bullish or bearish trend.
   • The KDJ indicator shows some fluctuation in the J value, but overall, the K, D, and J are entangled with no clear trend signal.
   • The EMA indicator shows the 7-period EMA gradually approaching the 30-period EMA, if the short-term EMA falls below the long-term EMA, it may indicate a weakening trend in the short term.

3. Volume:

   • Volume increased significantly during large price fluctuations, such as the large bearish candle with huge volume at 00:00 on April 22, indicating increased selling pressure.
   • The volume has decreased in the recent few hours, consistent with the characteristics of a price consolidation phase.

ETH

ETH's 1-hour price trend: Down.

This is a 1-hour Binance ETH/USDT K-line chart, with the latest price at: 3167.88 USDT, including EMA, MACD, KDJ, and volume indicators.

【Buy/Sell Points】

• Buy point one: 3150 USDT (Considering the EMA(7) falling below the EMA(30), if the price can stabilize above this level, it may be a signal for a short-term rebound)
• Buy point two: 3115 USDT (Near the recent low price, if the price tests this support level again and does not fall below, it can be considered a strong buying signal)
• Long stop-loss point: 3100 USDT (Leave enough space to avoid stop-loss triggered by small fluctuations, and lower than buy point two and the recent low point, reducing the risk of being misled by market noise)
• Sell point one: 3200 USDT (Near the high point within the current period, if the price rises to this level, it may encounter selling pressure)
• Sell point two: 3230 USDT (Close to the high point at 14:00 on April 22, as a potential next resistance level)
• Short stop-loss point: 3250 USDT (Above sell point two, providing additional space to deal with breakthrough market conditions, reducing the risk of premature stop-loss due to unexpected sharp rises)

Price Trend Analysis

1. K-line pattern:

• Recent K-lines show significant price fluctuations, with multiple long upper and lower shadow K-lines, indicating intense competition between buyers and sellers in these price ranges.
• A high point of 3235 appeared from 13:00 to 14:00 on April 22, followed by a slight decline, possibly forming a local top.

1. Technical indicators:

• The MACD indicator shows a downward trend in the DIF and DEA lines, and the MACD histogram has turned from positive to negative, suggesting a further weakening of the market in the near term.
• The KDJ indicator's J value is at a low level in the latest data, but the K and D lines are still in the oversold zone. If there are signs of an upward crossover in the future, it may indicate a rebound opportunity.
• The EMA indicator shows the 7-period EMA has fallen below the 30-period EMA, indicating a more obvious short-term downtrend.

1. Volume:

• There are signs of increased volume during price declines, especially during periods of significant price fluctuations (such as on April 22 at 00:00), where the volume reached its peak, indicating significant selling pressure within this price range.
• The volume has been relatively stable in the recent few hours, with no abnormal volume spikes, indicating relatively calm market participant sentiment within the current price range.

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

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