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ETH/USDT Analysis$ETH
Market Overview: Oversold rebound correction, short-term slightly strong
Technical Indicator Interpretation: The 1-hour level price rebounded from around the low point of 2233, broke above the short-term moving average, MACD formed a golden cross upward, the red histogram continued to expand, RSI rebounded to a neutral zone, indicating sufficient rebound momentum. The 4-hour level price stabilized above the previous low of 2218, MACD green histogram shortened, downward momentum weakened, RSI rebounded from a low level, showing a correction demand after oversold conditions. During the rebound, trading volume gradually increased moderately, and buying strength gradually strengthened.#Gate广场五月交易分享