ETH hourly swing trading pullback

Price Trend Analysis
K-line pattern:
The 1-hour chart shows the price oscillating in the range of 3700-3760, with recent multiple tests of the resistance near 3750 followed by a pullback, forming a short-term double top pattern.
The daily chart has shown three consecutive days of long upper shadows, indicating significant selling pressure above 3750, but the lows are gradually rising (3616→3702), forming an ascending wedge.
Technical Indicators:
MACD: 1-hour DIF crossed below DEA (0.93→-0.68), histogram volume decreased, daily MACD high-level death cross (314.46→250.87), short-term pullback signal.
RSI: The 1-hour RSI (46.83) is neutral to weak, while the daily RSI (82.29) has pulled back after being overbought, indicating a need for correction.
EMA: The 1-hour EMA7 (3720) has crossed below the EMA30 (3718), and the price has fallen below the short-term moving average; the daily EMA7 (3610) is still well above the EMA30 (3074), indicating that the medium to long-term trend remains intact.
Volume:
The 1-hour trading volume concentrated at 22:00 on the 22nd (58.39 points increase, 58.9k trading volume) and at 03:00 on the 23rd (40.51 points decrease, 26.4k trading volume), showing a divergence between price and volume.
The daily level trading volume continues to shrink (870,000 → 127,000), and the upward momentum is weakening. #ETH#