ETH market analysis (4H)
Let's take a look at the recent price trend of Ethereum and the objective analysis made by professionals! Do you still remember the key support points given in the last analysis? First, the average price of the exponential moving average (EMA) 200 is located at 3099 at present, 3089 in the last analysis, and the lowest price of the subsequent decline is 3100; the second is the 0.618 retracement level at 3015.
The current trend of Ethereum is not strong, which is normal in terms of market dynamics. As Christmas is approaching, there is a lack of liquidity and rising momentum, and we need to wait for the price change trend of the market after the holiday. The next thing to pay attention to is still the two support points mentioned above.
The pressure points that need to be paid attention to above are 3600 and 3724.
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