Yesterday, multiple activity updates warned of divergence risk; unsurprisingly, the market experienced a sharp decline in early trading. The four-hour chart signals are very clear. Currently, the Ethereum short position in the subscription is profitably over 400%.

Ethereum has been consolidating at high levels for three consecutive days, with trading volume continuously decreasing. The volume bars on the one-hour and four-hour charts are both clearly declining. Capital participation is low, and indicators such as MACD, RSI, and KDJ show obvious divergences. The divergence between volume and price, combined with the top divergence, is a trend exhaustion signal. The smaller the volume, the greater the risk; prolonged sideways movement will inevitably lead to a decline. #加密市场回升