The daily line is a bullish candle with short upper and lower shadows, and the trading volume is one-third higher than the previous day, indicating a moderate increase in volume.
The daily MA30 line maintains an upward trend, and the MACD shows a weakening upward momentum above the zero axis.
As we mentioned yesterday, since the main force has pulled the price up, it will not easily drop back, so every time it first dips and tests, it is a great opportunity for you to enter.
Currently, the support at the $3000 integer level is relatively strong. It is important to note that if Bitcoin drops back, Ethereum will definitely follow suit, so remember to enter. A pin bar retracement to 2800 is an excellent entry point.
If Bitcoin remains stable, then Ethereum will likely show further upward movement.
Daily level resistance levels are 3290-3450-3535-3640, support levels are 3140-2970-2760-2570.
From an hourly perspective, the price retraces to the 6-hour EMA52 line, and the 6-hour MACD returns to the zero axis to start a 6-hour level rebound. After a slight adjustment here, it will continue to rise.
In the short term, you can short at 3330 and go long at 2990 and 3050.
From the three-day liquidation heatmap perspective,
The price is rising, with a large number of significant short positions waiting to be liquidated in the 3232-3296 area.
The price is falling, with a large number of significant long positions waiting to be liquidated in the 3060-2964 area.
