Technical aspect
If the current market is a rebound after an oversold situation, then the daily level at this position still needs time to repair. The next focus should be on the four-hour level. The four-hour level should be combined with the indicators of the main chart and the sub-chart for reference. If MACD returns to the zero axis, it is likely to have another wave of decline. If it does not break 51,000, it is an opportunity. It is likely to continue to fluctuate during the day. Pay attention to the upper resistance of 57,800 and the lower support of 55,800-54,500 during the day.
The current position of Ethereum is the same. It should be combined with the big cake. The daily level still needs time to repair. It is still necessary to pay attention to whether the four-hour level is at this position. It can break through 2552, which is also a resistance during the day. If it breaks through, pay attention to 2623 above, and the support below is 2420 and 2370. If it does not break through 2100 in the four-hour direction, it will be an opportunity.
News:
Deputy Governor of the Bank of Japan: We will not raise interest rates when the market is unstable
An address holding 250 BTC was activated after 11.2 years of dormancy
Goldman Sachs CEO: The Federal Reserve is not expected to cut interest rates urgently, and may cut interest rates 1-2 times in the fall
Yesterday, BlackRock ETHA had a net inflow of US$108.4 million
BlackRock and Nasdaq submitted a spot Ethereum ETF option application to the SEC
