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What is the target price of ETH in this bull market? Price action tells you
Here is dry information, eth trend chart analysis, I have always said that eth continues to be strong, do not try to short if it does not reach the target price, the current trend of eth and Ethereum is completely in line with the bull market diffusion model, friends who hold the spot can directly get 3600, 3600 happens to be the week Line pressure level. It's hard to say how it will go next. It depends on time and market sentiment, because Cancun will be upgraded around March 13, and there will be speculation in May about whether the Ethereum ETF spot will be approved, etc.
1. Regarding the bull market diffusion model, Figure 1 is the daily trend of wti. From the continuous meltdown of US stocks in March 2020 to the outbreak of the global epidemic, the crude oil market ushered in a big bull market. The trend is as shown in the figure. The market reached 4 breakthroughs at the upper boundary point. Accelerate the rise until Fibonacci 2.618 reaches the target price.
1. Regarding the bull market diffusion model, Figure 1 is the daily trend of wti. From the continuous meltdown of US stocks in March 2020 to the outbreak of the global epidemic, the crude oil market ushered in a big bull market. The trend is as shown in the figure. The market reached 4 breakthroughs at the upper boundary point. Accelerate the rise until Fibonacci 2.618 reaches the target price.
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BTC
94,746.8
-2.04%
ETH
3,357.19
-1.70%
BNB
705.87
-0.17%
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