$ETH $BTC
Today's Ethereum Analysis:
Ethereum has always been an undervalued coin. There is a high probability that Ethereum will catch up to the 4000, or even 5000 position in the upcoming market, but the 100,000 barrier for Bitcoin has not yet stabilized.
If Bitcoin consolidates at a high level, various moving average indicators and the current price approaching each other will lead to funds being pulled to Ethereum. For those positioning in Ethereum, using spot trading or 1-3 times leverage is sufficient; too high leverage would be unsustainable. For small fluctuations, the higher the leverage, the quicker the operation is better.
Operation
Ethereum pullback: Long at 3337
Take profit: 3417
Stop loss: 3306
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