The trend of $ETH has been really strong recently. From the daily chart, it looks like a big positive line, with short upper and lower shadows, but the price fluctuation on this day exceeded 11%, and the trading volume was much higher than the previous day.
This shows that after some adjustments, ETH has started its upward path again. Looking at the MA30 line again, it has been going up, which shows that the trend is upward. MACD also shows that the upward force is getting stronger above the zero axis. As we said yesterday, ETH will definitely continue to rush up after the adjustment. Now it seems that it is true. ETH has started to make up for the rise, and even the funds of US stock ETFs are buying in large quantities.
I have been telling everyone that ETH will definitely have a good wave of rising market. When others are questioning and pessimistic about it, you should consider buying it. Those friends who listened and did it, now the spot profit is close to 50%.
If you bought ETH at a low level before, then congratulations, you can still hold it, because this wave of ETH rise has not ended yet. Speaking of specific prices, the daily pressure level is between 3870 and 4100, and the support level is also several levels between 3560 and 2950. You can judge when to buy and sell based on these prices.
From the hourly chart, ETH is now in a 6-hour rebound cycle. If you want to do short-term trading, you can buy near the two prices of 3580 and 3520, and then sell near the price of 3720.
Finally, from the three-day liquidation heat map, if the price continues to rise, then there will be some short orders in the area of 3690 to 3720 that will be liquidated. But if the price falls, there will be many large long orders in the area of 3532 to 3352 waiting to be liquidated.
In general, ETH's trend is very strong now. If you are confident in it, then continue to hold or look for opportunities to buy.
For the next layout direction, I will lead everyone to aim at the profit opportunities of copycats, especially those projects with great potential. There is no problem with the expected space of more than 10 times. If you want to make a lot of money in the bull market, like + leave a message, and I will lead you to layout the entire bull market!