ETH short-term trend under pressure, key support may become a winning or losing hand

The current 1-hour cycle shows that the price is below the EMA24 and EMA52 moving averages, and the slope of the double moving averages is downward, indicating a weak medium to long-term trend. The membership indicator has captured the loosening of bottom chips, and prices are moving away from the strong resistance zone of 2939-2951, indicating that selling pressure dominates. At the same time, although KDJ has a golden cross, it is in an oversold area, and the rebound strength should be viewed with caution. Combined with the K-line pattern, the recent combination of the Black Three Forces has released a strong bearish signal. If the price falls below the support of 2784, or accelerates its decline to around 2750. Pay attention to the resistance level warning of member indicators and lock in trading opportunities in advance. Open membership, accurately capture resistance support, and take the lead in layout! The data is sourced from the PRO member's [ETH/USDT Binance USDT Perpetual 1-hour] K-line, for reference only, and does not constitute any investment advice.