【Price Trend Analysis】

1. K-line Patterns:

* On the 4-hour chart, the latest K-line is a bearish candle, with the closing price near the lowest price, and the body is relatively small, indicating short-term selling pressure exists but momentum is weak, and the market is in a sideways and slightly weak state.
* The daily chart shows that after a significant rebound on June 15, the price failed to continue the upward trend, followed by a pullback in the next few days, indicating heavy selling pressure above and weakening rebound momentum.

2. Technical Indicators:

* MACD: On the 4-hour chart, the DIF line (-0.3) and DEA line (-2.7) are very close, and the MACD histogram (4.7) continues to shrink, showing short-term upward momentum is exhausted, with a risk of forming a death cross, suggesting a possible reversal to a downward trend.
* RSI: On the 4-hour chart, the RSI14 value is 49.2, in the neutral zone, but it has fallen from recent highs, indicating buying strength is weakening.
* EMA: On the 4-hour chart, the price (1725.6) has broken below EMA7 (1729.7) and EMA30 (1727.6), and the short-term moving averages (EMA7, EMA30) are both below the long-term moving averages (EMA120, 1770.1), indicating an overall bearish trend, with short-term moving averages forming immediate resistance.

3. Volume:

* On the 4-hour chart, the latest K-line's volume (17038) is relatively low, indicating current downward momentum is weak, and the market may be in a correction or wait-and-see phase.
* On the daily chart, recent prices have been oscillating in the 1700-1750 range, with volume gradually decreasing, showing that the forces of bulls and bears are tending toward balance, but key resistance levels have not been effectively broken. $ETH ‌$BTC ‌