【Price Trend Analysis】

1. Candlestick Patterns:

- The 4-hour chart shows that after consecutive large bearish candles with long upper shadows and real bodies on April 14th at 04:00 and April 15th at 00:00, a clear top reversal pattern has formed, indicating that the bullish momentum is weakening and bears are dominating.
- On the daily chart, a massive bearish candle with a long upper shadow on April 14th, forming a shooting star or bearish engulfing pattern, confirms short-term resistance at the top.

2. Technical Indicators:

- MACD: On the 4-hour chart, the price hit new highs, but the MACD histogram and DIF line both showed declines, forming a clear bearish divergence, signaling weakening upward momentum and increased risk of a pullback.
- RSI: On the 4-hour chart, RSI failed to make a new high along with the price, forming a bearish divergence. Meanwhile, RSI has quickly fallen from overbought territory (above 70) to 58.08, indicating the market has entered a short-term correction phase.
- EMA: On the 4-hour chart, the current price of 2311.38 has fallen below the short-term EMA7 (2328.01), turning EMA7 into a short-term resistance. The medium- and long-term EMAs, EMA30 (2256.77) and EMA120 (2166.08), remain upward, but the price may seek support at EMA30 in the short term.

3. Volume:

- On the 4-hour chart, during the declines at 04:00 on April 14th and 00:00 on April 15th, trading volume remained high, indicating heavy selling pressure at high levels, consistent with the trading logic that "after a sharp rise or fall with increased volume, a correction often follows."$RAVE ‌$ETH ‌