The daily line is a small bearish candle with upper and lower shadows resembling a doji, with trading volume basically flat compared to the previous day, still maintaining a volatile trend.
The daily MA30 line maintains an upward trend, and the MACD shows an increased downward momentum above the zero axis.
The movement of Ethereum is much weaker, still in a state of fluctuation. Until Bitcoin reaches its peak, it will maintain this weak trend. Ethereum is the leader of altcoins; you can gauge the overall trend of altcoins by watching Ethereum.
If Bitcoin falls back, then Ethereum will definitely fall as well. The target positions will return to the vicinity of the daily MA30 line and MA120 line, looking for support before rebounding, with prices at 2820 and 2650 respectively.
If it can return to this area, you should boldly jump in. When most people are not optimistic about Ethereum, that is when you have the opportunity.
Daily resistance levels are 3250-3450-3535-3640, support levels are 2950-2820-2650-2570-2440
From the hourly perspective, the price has returned to the vicinity of the 6-hour EMA52 line, and there will be a small-level rebound, but the support at the 6-hour level is no longer sufficient, and the price will continue to fall to find larger level support.
In the short term, you can go long at 3005 and 2930, and go short at 3160 and 3220
From the three-day settlement heat map,
Price is rising, with a large number of large short positions waiting for liquidation in the 3164-3272 area
Price is falling, with a large number of large long positions waiting for liquidation in the 3024-2964 area
