In the last book, it was said that $EIGEN would fall back after reaching a high of $4.2, and the short-term support would be at $3.53, while the current fluctuation was maintained at a minimum of $3.48.
While ETH was rising, EIGEN did not rise much. Although the buying volume increased, the price was not strong.
The buying volume on the 8th and 11th increased, but the price did not break through the pressure level, resulting in a decline in bullish confidence. It is obvious that the project party is controlling the shipment, and the institutions and dog dealers are cashing out.
There should be another low point test on the daily line. The previous low position is $3.052. Now the selling volume may continue for two days, and the market may be out after Friday.
I added a little at $3.54, and the average price reached $3.897. It was rushed to open before, and those who want to enter the market can wait for around 3.3.
