Ether daily level, weekly and monthly level analysis reference
According to the K-line chart analysis, it is currently in a downward trend.
From the perspective of technical indicators, the William indicator shows that the current market status is oversold. Taken together, although Ethereum is currently in a downward trend and the market is under significant selling pressure, as the William indicator shows oversold, the Ethereum market is more likely to rebound in the next 1-4 hours.
However, given the overall downward trend and market uncertainty, even if there is a rebound, its magnitude may be limited, and trading volume still needs to be paid attention to in the future.
Monthly level analysis reference:
Pressure level 3580, 4170
Support level 2985, 2810
Weekly level analysis reference
Support levels 3270-3260, 3120-3130
Pressure level 3690-3700
Daily level analysis reference
Pay attention to 3370 for 1-4 hours. Only when it stabilizes will the market return to the dominance of bulls. If it fails to stabilize effectively, the market will still be dominated by bears.
Pressure level 3384-3420-3452
Support level 3315-3212-3005
For reference only