$ETH
Ethereum Daily:
Yesterday, it was mentioned that ETH's performance after the rebound to 31000 on December 20 was stronger than Bitcoin, and there are signs of bottom formation in the ETH/BTC trading pair. 3276 is a key support level for the upward trend of Ethereum on the hourly chart. From the pattern, Ethereum has formed an ascending triangle after the 20th, and after breaking the lower trend line, it did not continue down but rather showed stronger defense above 3300. Clearly, there are stronger bullish signals.
According to AI Aunt @Ai 姨 , on-chain detection shows that a long-term ETH swing trading address has cut losses after the twenty-first swing. The current total profit from trading ETH at this address is 4.53 million USD, and it has also initially increased the total value of leveraged positions to approximately 84.18 million USD. This means that if ETH drops by 5.4%, this address will give back all the profits from the previous twenty-one trades.