📊 ETH/USDT 4H Technical Analysis - Bottoming or Gradually Forming, News Catalysis is Key
1. Trend Structure and Moving Average Patterns
The price has been declining unilaterally from the previous high of 3,403.70 USDT, finding support at 2,863.86 USDT and entering a correction phase. Currently, the price stabilizes above the 2,956.31 USDT level. The short-term MA5 and MA10 form a golden cross, and the price is above the short-term moving averages, indicating that short-term bullish momentum is temporarily dominant; however, the MA20, MA30, MA50, and MA100 remain in a bearish arrangement, with
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