ETH faces key resistance: peak suppression of $3332 chips is evident

The current ETH price is at $3011, approaching the key resistance zone of $3332. The peak trading volume of chips in this area accounts for 6.57%, making it the core battlefield for the recent long short competition. Member indicators show that prices are running below EMA24 and EMA52, and the slopes of both moving averages are downward, clearly indicating a bearish signal. Meanwhile, the latest 4-hour cycle K-line has formed a pregnancy line shape, suggesting that a short-term reversal may be brewing. Further observation shows that although the MACD bar chart shows an increase in upward momentum, the RSI has broken through the upward trend line, indicating limited upward momentum. Based on the distribution of chips, if the resistance of $3332 cannot be effectively broken, the price may quickly retrace to support $2866. Open a membership to obtain precise resistance support levels and real-time buying and selling point tips, helping you quickly lock in opportunities! The data is sourced from the PRO member's [ETH/USDT Binance 4-hour] K-line, for reference only, and does not constitute any investment advice.