The daily line is a small negative line in the shape of a cross star. The trading volume is basically the same as the previous day, which is a volatile upward retracement trend.
The daily MA30 line is in a slight upward trend, and MACD shows an increasing downward momentum near the zero axis.
The short-term price trend still follows Bitcoin, and the up and down spikes also show that both the bulls and bears are relatively strong and no one has the upper hand.
The price drop just fell back to the rising trend line at the daily level. In the next two days, it will also fluctuate upward.
As long as the price does not fall below the rising trend line, it remains bullish. If Ethereum really wants to explode into a wave of growth, it will have to wait until Bitcoin reaches a new high.
Daily level pressure level 2580-2730-2855-3060-3290, support level 2460-2350-2260
From the hourly level, there is no standard trend. Currently, it is showing a pullback trend at the 1-2 hour level. The price has encountered the suppression of the 2-hour EMA52 line and is fluctuating in a narrow range at the 1-hour level.
In the short term, you can short at 2585 and go long at 2500 and 2460.
From the three-day liquidation heat map
The price is going up. There are still some short orders waiting to be liquidated near 2550. There are a large number of large short orders waiting to be liquidated in the 2592-2780 area. The key liquidation is in the 2590-2620 area.
The price is going down, and there are still some large long orders waiting to be liquidated in the 2476-2410 area.
