From the daily level, driven by Bitcoin, Ethereum has shown a linkage pull-up sentiment. At present, the MACD indicator and KDJ indicator short position have shrunk again in terms of daily technical aspects
The current coin price in BOLL has also shown a certain rebound sentiment. Here we regard the vicinity of the middle track as a key short-term strong pressure; the MA5 daily moving average in the main chart slightly turned up and strengthened, but the MA10 and MA30 daily moving averages did not link the bulls, but continued to press down.
So overall, the current BOLL middle track and the MA30 daily moving average are regarded as the key strong pressure price at the daily level (the price is fine-tuned here to refer to the 3045-3100 area).
From the 12-hour level, MACD has a golden cross at the bottom of the water, and KDJ is currently in the stage of bullish volume. The current coin price in BOLL has also shown a certain rebound sentiment,
Currently, it is fighting a technical battle with the middle track to try to break. The main chart MA5 and MA10 daily moving averages are coordinated to turn up and strengthen, but the high point MA30 does not link the bulls, but continues to exert downward pressure.
From the current technical perspective of Bitcoin, the weekly price is in a fierce battle with the MA5-day moving average; the 5-day Bitcoin has already stood above the MA5-day moving average and has shown a strengthening signal, while the BOLL trend line continues to strengthen
On the daily line, Bitcoin has also effectively broken the MA30-day moving average, so according to the current situation, Bitcoin is heading for 67,500 or 70,000 (if Bitcoin strengthens violently, Ethereum will certainly be linked to it).
In the early morning, we continue to see a step-by-step increase in volume, and the key short-term strong pressure at the upper high point is still in the 3045-3100 area. As for the future market trend, if the 3045-3100 area is effectively broken, the weekly and monthly lines will produce a long-term linkage and volume expansion.
Then the second high point target can be seen near the 3291-3379 area; on the contrary, if the 3045-3100 area still cannot be effectively broken, then everyone needs to be careful of the retracement and decline sentiment after Ethereum touches the pressure (similar to the retracement adjustment after Ethereum touched the daily MA30 daily moving average in the past two days).
Finally, I would like to remind everyone that Bitcoin is indeed too strong this time, so Ethereum has the probability of effectively breaking the box high point strong pressure (3045-3100 area) in the near future.
From the current situation, Ethereum does have the probability of effectively breaking in the past two days, because Bitcoin has started to start. As for the idea, we still take it step by step. When the first strong pressure is effectively broken, we will look up to the second high point target.
In short, as long as the large-scale trend line still adheres to the large-scale support and cannot be effectively broken, the subsequent idea is to be bullish! As long as the 2815-2726 area is not broken, Ethereum will rise back as it fell in the future!
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