【Price Trend Analysis】

1. Candlestick Patterns:

* The 4-hour chart shows a massive long bullish candle at 20:00 on June 15th, breaking through previous resistance, followed by two bearish candles with relatively high trading volume, indicating that the bullish momentum has weakened and profit-taking is occurring.
* The current 4-hour candlestick (08:00 on June 16th) is a small bullish candle with extremely low trading volume, showing that after a rapid rise and pullback, the market has entered a brief consolidation or hesitation phase.
* On the daily chart, June 15th closed with a bullish candle with a long upper shadow and high trading volume, indicating strong bullish momentum but also significant selling pressure above.

2. Technical Indicators:

* MACD: On the 4-hour chart, the MACD DIF and DEA lines are both above the zero line, with DIF above DEA, indicating the bullish trend is still ongoing. The MACD histogram has retreated from high levels, suggesting short-term upward momentum is weakening.
* RSI: The 4-hour RSI has fallen from the overbought zone (80.48) to 66.48, moving away from extreme overbought conditions but still in a strong zone, indicating a normal correction after a strong rally, with the overall bullish pattern intact.
* EMA: The 4-hour EMA7, EMA30, and EMA120 are arranged in a bullish alignment, with prices above all moving averages, showing the market is in a clear uptrend. The current price (1795.42) retraced to near EMA120 (1793.45), which may provide short-term support.

3. Trading Volume:

* On the 4-hour chart, the massive volume spike at 20:00 on June 15th confirmed the validity of the breakout. The subsequent two bearish candles with high volume also indicate funds are exiting during the pullback.
* The current 4-hour candlestick (08:00 on June 16th) shows extremely diminished volume, suggesting that buyers and sellers are in balance in the short term, and the market is in a wait-and-see mode, possibly foreshadowing a trend reversal or continuation.
* On the daily chart, trading volume on June 15th increased significantly, combined with the bullish candle, confirming the involvement of bullish forces. $ETH ‌$BTC ‌#TradFiCFD黄金大师赛 @