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One platform for global traditional assets
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CandyDrop
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Alpha Points
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Ethereum's hourly chart shows low-level consolidation, with the price continuously oscillating within the 2020-2080 range and decreasing volume. The MACD is barely forming a golden cross, indicating insufficient buying momentum. The VWAP volume indicator shows multiple resistance levels above. The four-hour chart exhibits a clear significant decrease in volume, with strong resistance at 2200 points. Support at 2020 rebounds is weak. The overall trend is bearish. Consider entering short positions in stages at key resistance levels.