ETH
The highest point of Ethereum yesterday was 2666, and the idea given by Liying yesterday was more than 2550, with a target of 2650. These 100 points almost perfectly grasped the trend of yesterday. Looking at the current K-line pattern of the market, the price fluctuates between 2600 and 2700, showing an overall oscillating upward trend. There are many K-lines with long lower shadows, so WO judges that the bottom support is effective. After the bottom support is tested, you can continue to go long. The DIF and DEA averages of the technical indicators MACD are gradually flattening, and the MACD histogram has turned from negative to positive, showing that the market has stabilized. As long as we wait for further confirmation, we can arrange more near 2630. Looking at the indicator RSI14, it is currently around 55, indicating that there will be signs of high consolidation in the short term. The trend indicator EMA7 is greater than EMA30 and greater than EMA120. It can be seen that the short-term, medium-term, and long-term moving averages are arranged in a bullish pattern, and the bullish trend continues. What we need to do now is to follow the trend.
