ETH market analysis

Ether is currently in a correction phase, falling from 3400 to around 3200. Judging from the speed and amplitude of its correction, the correction is strong, which means that this round of market is still continuing, but it is necessary to wait for Ethereum to complete the adjustment.

1. Weekly analysis: After hitting the resistance level of 3400, Ethereum began to pull back, and the expected correction range is around 3400 to 2900.

2. Daily analysis: The second downtrend is currently underway, and it is necessary to wait for this stage to end.

3. Hourly analysis: The hourly line currently shows that it is still in a downward trend.

Hot currency situation

1. pepe: This is a currency that has been strongly recommended and has now reached a record high. After reaching a new high, since there is no reference resistance level, it can be appropriately reduced when the daily top signal appears.

2. pnut: The trend of this currency is extremely strong, and it has risen more than 20 times from the bottom.

3. bome: Although the trend is not particularly strong, it also maintains an upward trend.

When Ethereum stabilizes, altcoins will most likely see further increases. You should choose strong coins and continue to hold them.

Daily market analysis and high-quality potential coin recommendations. Long-term irregular recommendations of high-quality coins and market analysis. Follow the homepage of Xiaozhi to avoid getting lost. #BTC连续破新高，你看到多少？ #eth #超级MEME周期？