ETH is expected to reach 4000

Conclusion: A descending triangle consolidation on the 4-hour timeframe, with three attempts to test 3700, followed by a rapid surge, and resistance at 4000.
K-line pattern: 1-hour level: Recently formed a V-shaped reversal, quickly rising from the low of 3710 to break through 3900, with a long upper shadow testing the resistance level at 3905 appearing at 16:00, indicating a short-term need for a pullback. Daily level: Three consecutive days of closing up and breaking through EMA7(3912), but EMA30(4107) still constitutes strong resistance, overall in a rebound phase within a descending channel.
Technical Indicators: MACD: 1-hour level DIF(2.67) crosses above DEA(-12.32), with the histogram expanding for 5 consecutive bars, but still below the zero line at the daily level(-118.71). RSI: 1-hour RSI(61.99) is close to the overbought zone, while the daily RSI(43.52) has just exited the oversold zone, indicating potential retracement momentum. EMA: 1-hour EMA7(3864) has a golden cross with EMA30(3849), but EMA120(3904) shows significant pressure; the daily EMA7 and EMA30 bear market arrangement remains unchanged.#以太坊eth##加密货币#
Trading Volume: During the key breakout period (07:00-14:00), the trading volume significantly increased to 19016-26527, but at 16:00, when the price peaked, the volume shrank to 9987, showing a divergence between volume and price. Daily level: On October 22, the trading volume during the crash reached 593130, and the recent rebound volume of (103794) was less than 50% of the previous day's volume, raising doubts about the sustainability of the upward movement. #ETH反弹在即？