2025/8/5 #ETH# $ETH current trend assessment: short-term Rebound oscillation trend

Key Indicator Analysis:
1. Price Trend:
Rebounded from the low of 3488.2 on July 31 to the high of 3736.73 on August 5 (+7.1%)
The latest closing price of 3692.69 is still above the 20-period EMA (3601), but below the previous high.
2. MACD Indicator:
The MACD histogram rebounded from -33.8 (August 1) to +36.3.
DIF (4.21) has just crossed above the zero line, DEA (-32.13) is still negative, indicating that momentum is recovering but not yet confirming strength.
3. Trading Volume Characteristics:
Volume-price coordination occurred during the rebound period (4.9 billion in single-day transactions on August 4th).
But the latest K-line volume has sharply decreased (only 80.67 million), and we must be wary of continuity.
4. RSI Indicator:
Rebounding from the oversold zone of 25.4 to 61.1, it has moved away from being oversold but has not reached overbought.
StochRSI_K (96.67) is close to overbought, and a short-term Rebound may occur.
5. EMA Arrangement:
The fast line (3601) has just crossed above the slow line (3597), but the moving average system still shows a bearish arrangement.
Need to break through the strong resistance zone of 3750-3800 to confirm the trend reversal.
Operation Suggestions:
1. Short-term traders:
Pay attention to the resistance zone of 3700-3750. If it cannot break through, consider partial profit-taking.
Support levels to watch are 3600 (EMA dense zone) and 3550 (previous low)
2. Medium to long-term investors:
Wait for the MACD double lines to stabilize above the zero axis.
The trading volume needs to continue to expand in conjunction with a breakout above 3800 to confirm the trend reversal.
Risk Warning:
If it falls below 3550, it may return to the downward channel.
Current StochRSI overbought signals should be cautious of short-term rebound risks.
It is recommended to combine with larger time frames (such as daily) to confirm the trend. The current 4-hour level is more suitable for operating under a range-bound market, and strict stop-loss settings should be established.