[One Hour ETH Price Trend Analysis]

1. K-line pattern:
- Recently, the hourly level has shown a fluctuating upward trend, with the price gradually rising from around 3760 to the vicinity of 3864, favoring the bulls.
- The daily chart has formed consecutive bullish candles, with the closing prices on July 30 and 31 both higher than the opening prices, indicating strong bullish momentum.

2. Technical Indicators:
- MACD: The hourly level DIF and DEA continue to diverge upwards, with the red bars expanding, indicating that bullish momentum is strengthening in the short term; the daily level MACD is also operating above the zero axis, with a bullish trend.
- RSI: The hourly RSI is 60.55, which is in the neutral to strong zone and has not entered the overbought range, but is close to the critical point; the daily RSI remains stable between 50-70, indicating that there is still room for upward movement.
- EMA: The hourly price is running above the EMA7 and has broken through the EMA30 and EMA120, with the three moving averages showing a bullish arrangement; on the daily chart, the EMA7, EMA30, and EMA120 also maintain a bullish structure with clear support.

3. Trading Volume:
- The hourly trading volume significantly increased during key rising phases (such as 0700), followed by a slight decline, indicating a clear influence of capital.
- The daily trading volume has slightly decreased compared to the previous days, but overall it remains at a relatively active level, and market sentiment is moderately positive.

[Trading Points]
- Buy point one: 3810 USDT (Reason: Previous hourly level low point support, while close to the EMA30 moving average, has a strong support effect)

- Buy point two: 3765 USDT (Reason: a key support area at a lower level, close to the swing low formed around July 31st at 07:00, and adjacent to the round number 3750, with a high possibility of buying pressure.)

- Long position stop loss: 3740 USDT (Reason: If it drops below 3765, it indicates a weakening short-term trend, and 3740 is a safe stop loss level, reasonably spaced from the entry point.)

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- Sell point 1: 3900 USDT (Reason: integer round number pressure level, also close to the recent high point above 3878, there is a risk of selling pressure)

- Sell Point 2: 3950 USDT (Reason: Further upward target, as a larger integer resistance zone, significant selling pressure is expected to appear)

- Short stop loss point: 3980 USDT (Reason: If it breaks through 3950 and stabilizes, it indicates that the market has entered a stronger upward phase, and timely stop loss is necessary to exit.)

The above views are for reference only! #BTC# #ETH#