#ETH

ETH market trend analysis (4h)

Let's take a look at the ETH chart trend. There is no obvious sign of stopping the decline. Combined with the market, there is no strong support position at present. If it continues to fall, the position we need will appear near the EMA200 average line 3089 and the 0.618 Fibonacci golden line position (near 3016)!

Combined with the market data reaction, the above two positions will become the strong support position of Ethereum, plus the 3000 mark, so if brothers want to enter the market, it is recommended to wait for the reaction near the support position!