Ethereum's trend is synchronized with Bitcoin. Yesterday's 15-minute level also showed ups and downs. The daily line is a small negative line in the shape of a cross star with a long upper shadow and a short lower shadow. The trading volume is slightly more than the previous day.
The daily trend remains in a wide range of fluctuations and there is not much to say, but judging from the MACD indicator, it is possible that it will adjust before Bitcoin and start a new round of rising prices.
If Ethereum can fall back to the red box area, it will be a good opportunity to get on board. Don’t miss it.
As long as Ethereum rises, there is a chance that altcoins will rise as well.
Daily pressure level 3530-3670-3825-4200, support level 3220-3020-2870-2750
The trend at the hourly level is a divergence from the 15-minute pullback within the 4-hour pullback.
In the short term, you can short at 3400-3560 and short at 3240. It is effective within the day.
From the Ethereum liquidation heat map data, we can see
The price is rising. There are some short orders waiting to be liquidated near 3375, and there are a large number of large short orders waiting to be liquidated in the 3430-3550 area.
The price is falling, and there are a lot of large and super large long orders waiting to be liquidated in the 3300-3200 area.
