2025/7/29
#ETH# $ETH Current trend: pullback correction phase of the rise trend
1. Price Trend Analysis
The latest price is 3752.28, which is a pullback from the recent high of 3941.
In recent cycles, there has been a pullback, but overall it is still in the rising channel since July 16.
2. Moving Average System ( EMA )
The fast line EMA(3775.52) is still above the slow line EMA(3697.27), maintaining a bullish arrangement.
But the difference between the two has narrowed from a peak of over 200 to around 78, indicating a decrease in upward momentum.
3. MACD Indicator
DIF(78.25) and DEA(90.26)