ETH's overall performance in this wave is really unsatisfactory. In general, the Ethereum Foundation has been too inactive in this bull market. Not to mention the blatant shipments, how much has it secretly shipped?

From the hourly level, after ETH failed to hit the $3800 line, it strongly broke through the $3500 US dollar strength and weakness dividing line, and then tested the $3200-$3100 range again. I personally think that it is difficult for ETH to break through and stabilize the $3500 line again in the short term. Be careful of the market's false break and fall back.

In the previous strategic risk control system, I have repeatedly emphasized that the $3200-$3100 range, the long power of retail investors will stick to it. Once this range is strongly broken through at the four-hour level, ETH will test the bull-bear dividing line of $2800 below.

From the daily level, ETH's daily level has completely weakened. After the upper $3500 line was strongly broken through, there are obvious signs of capital outflow from the main long positions of ETH. ETH looks shaky and fragile.

ETH has repeatedly fallen back to the important range of $3200-$3100 on the daily chart. I personally believe that ETH will compete around $3500 in the short term. Be careful of the market going up and down.

ETH will usher in an important upgrade in March this year, which is also the best opportunity for ETH. I personally believe that ETH will make efforts to pull up in the medium and long term, and then it will lead the entire cottage market to explode. #美国非农数据即将公布