ETH 4-hour chart: Divergence between price and volume, are the bullish forces weakening?

[CryptoWorld] Reviewed the recent 4-hour trend of ETH, quite interesting.

From December 9th to 10th, the price moved like a roller coaster—slightly up at noon on the 10th, then fell back by 4 PM. Overall, it was higher than 8 AM on the 9th but lower than 4 PM on the 9th. It ended with a small bearish candle, closing below the opening price.

Volume is quite important: it has clearly increased in the past few hours, but the price is still falling. This usually indicates increasing selling pressure.

Looking at some technical indicators: The MACD currently shows no clear direction; although the histogram remains positive, it is getting shorter—bullish momentum is waning. KDJ is at 79, with no gold or dead crosses, so it’s in a neutral state. The MA10 has stayed above the MA30 at two consecutive points in time (4 PM and 8 PM on the 10th), indicating short-term support.

Key levels to note:

• Support at 2997, with a low of 3026.25
• Resistance at 3424, with a high of 3390.71
• Entry points: around 3157.93 or 3013.72
• Stop-loss: Long at 3011.12, short at 3407.66
• Take profit: 3424 or 3438.18

Currently, the position is a bit tricky—waiting for a clearer direction.