$ETH preço quebrou para baixo, começando a cair!

From the recent price movements, the narrow range oscillation between 3480 and 3500 indicates that the market is in a wait-and-see state (i.e., both bulls and bears have temporarily reached short-term equilibrium). The previous rapid rise may have been due to concentrated capital inflow, followed by high-level consolidation indicating a weakening of bullish strength. However, at this time, the price has already risen above three moving averages, and the yellow 20 moving average has crossed above the blue 60 moving average and the purple 120 moving average, showing a bullish arrangement, bullish.

Technical indicator analysis:
MACD (Moving Average Convergence Divergence):
Hourly level: MACD is below the zero axis, with DIF (fast line) and DEA (slow line) diverging downwards, indicating further downside risk for prices in the short term. Daily level: MACD shows a bearish trend, with DIF and DEA remaining negative and widening, indicating overall market weakness.