4-17 Ethereum Analysis:

Ethereum has not fallen to its position in the short term. Although it tested the position below 3,000 US dollars several times yesterday and then rebounded, the rebound was not strong. It is not easy to be bullish in the short term without re-standing on the position of 3,300.

The halving is imminent. The key is to see how Bitcoin moves. Once Bitcoin falls, it will also drive Ethereum to fall. If you are optimistic, continue to test the position below 2870 and then pull back to start rising. Otherwise, go to test the position below 2720, which is also the support position of the weekly level. #ETH