When ETH consolidates in the 2700-2800 USD range, multiple key technical signals emerge, including RSI oversold, MACD bullish divergence, shrinking volume, and support from moving average systems.

Main Technical Indicator Signals

1. RSI Oversold

The RSI (Relative Strength Index) drops below 30 during the consolidation phase, entering the oversold zone. For example, on the daily chart, RSI once fell to 29.69, indicating extremely pessimistic market sentiment and excessive selling pressure, creating conditions for a subsequent rebound. When RSI bounces back from oversold territory and crosses above 50, it typically confirms a trend reversal.

2. MACD Bullish Divergence

Clear bullish divergence appears on the hourly MACD. Specifically: the price makes a new low (e.g., $3057), but the MACD indicator's lows are higher than the previous lows, and the DIF and DEA lines form a golden cross below the zero line. This divergence usually signals the exhaustion of bearish momentum and is an important sign that bulls are about to mount a comeback.

3. Shrinking Volume

In the 2700-2800 USD range, trading volume continues to decline to very low levels. For example, hourly volume shrinks from 148,000 coins during a sharp decline to 19,000 coins, and daily volume drops from 1.56 million to 400,000 coins. The decreasing volume indicates reduced selling pressure and suggests the market is reaching a balance between buyers and sellers, building momentum for a trend reversal.

4. Support from Moving Average System

The price tests long-term moving averages such as EMA30 (around $3146) and EMA120 multiple times within the 2700-2800 USD range. Although short-term moving averages are in a bearish alignment, the long-term averages remain upward sloping. When the price finds support at these key moving averages, forming bullish patterns like "double bottom" or "hammer," it indicates strong technical support.

5. Bollinger Bands Contraction

During the consolidation phase, Bollinger Bands continuously contract, indicating reduced volatility and a market in a consolidation stage. When the price touches the lower band and then rebounds, and the bands begin to open upward, it usually signals the start of a new upward trend.

Comprehensive Analysis

These technical signals collectively point to characteristics of a market bottom: RSI oversold reflects extreme pessimism, MACD bullish divergence indicates waning bearish momentum, shrinking volume suggests reduced selling pressure, and the moving average system provides technical support. When these signals appear simultaneously, it often means that the 2700-2800 USD zone is an important technical bottom, laying a foundation for a subsequent rebound toward 3550 USD. #加密行情预测