The overall volatility of ETH over the weekend is also very small, with intraday volatility of only about 1%. In the absence of guidance from the US market, the main players in the market dare not act rashly. It is currently running around 2930.
From the trend point of view, the trend of ETH is very stable, running stably below the downward trend line. If this period of market has been doing high selling and low buying, the income will be very stable. The current position is also very close to the previous low, and there is a certain support below. In the short term, you can still pay attention to the opportunity of rebound.
In terms of exchange rate, it is currently running around 0.048. In the recent callback market, the exchange rate has not fallen further. Like most cottages, the amplitude of the ether callback is also deep enough. They are all waiting for the big cake to stabilize and reopen the market.
In terms of points, the upper short-term resistance is 3000 3200, and the lower short-term support is 2800.
In terms of operation, wait patiently for opportunities. If the volume breaks through 3000, you can follow the trend and buy more. You can also try to buy low in the range of 2850-2880 below.