Analysis of ETH key nodes
As far as ETH is concerned, $4,000 is a major barrier. Only by successfully breaking through this point can it be expected to start a journey of compensatory growth, just like when Bitcoin broke through the 69,000 or even 100,000 barrier. At present, ETH has not yet formed an independent trend, and mainly follows the Bitcoin market.
The subsequent operability of ETH, on the one hand, focuses on whether new stories at the ecological level will emerge within the currency circle to drive the market; on the other hand, pay close attention to the advancement of ETFs in the United States across the ocean. Once there are signs of a charge, it may inject new vitality into ETH.
The short-term details are shown in the figure:
