The daily line is a small positive line with a long lower shadow. The trading volume is basically the same as the previous day, and the amplitude is smaller than that of Bitcoin.
The daily MA30 line is still in a downward trend, getting closer and closer to the price, and the MACD is still slightly below the zero axis, showing an increasing upward momentum.
Ethereum’s performance is indeed weak, but could it be a trick of the main force? After the adjustment in this red area, there will definitely be a very good upward trend, don’t miss it.
Daily level pressure level 2470-2540-2600-2850 support level 2230-2120-1940
At the hourly level, the current trend is the 8-hour pullback in the 12-hour pullback, and it has returned to the 8-hour pullback pressure level. Here, MACD is close to the zero axis, and the price is easy to go up. Short-term shorts can be opened at 2440 and longs at 2325. Pay attention to stop-profit and stop-loss for contracts.
From the three-day liquidation heat map
The price is going up, and there are still some large short orders waiting to be liquidated in the 2400-2432 area.
The price is going down, and there are still a lot of large and super large long orders waiting to be liquidated in the 2284-2188 area.
