Technical side
Yesterday I mentioned that the support level of 51000 below will rebound. At present, the daily level has closed above 51000 and has rebounded in the short term, which also confirms that the position we mentioned last week will be inserted. Now the needle has been inserted. At this position, we should focus on the four-hour level. Whether it can bottom out again at this position, and if it does not fall below 51000, we can build positions in batches. The short-term support below is 52500-50800, and the upper resistance is 56000-57800
Ethereum just retreated to the mentioned 2120 range for a small rebound. Today, we should focus on the continuation of its rebound. It is likely that it will still come down from this position in four hours and then go to the bottom, and then repair the relationship between the K-line and the moving average. After that, it will choose to go up. Therefore, focus on the support below 2350~2130 and the upper resistance 2552-2630
News:
The panic greed index has reached 17 (others are panicking, I am greedy, others are greedy, I am panicking)
Trader Peter Brandt: Bitcoin's current trend is similar to the halving bull market cycle from 2015 to 2017
The US government address transferred 299.956 ETH again, and currently holds about 50,224 ETH;
Yesterday, the US Ethereum spot ETF had a net inflow of 49 million US dollars
8.8 20:30 Weekly unemployment benefits
Iran's attack on Israel this week
