Market Analysis - ETH

Regarding the exchange rate of ETH, I wrote this article at the end of May very clearly. At present, it is just a rebound after breaking through the trend. In the short term, it will be slightly stronger than the trend of BTC, but it cannot be regarded as the basis for an independent market. Generally speaking, it needs a shock from the bottom (this range is still based on the trend tone of BTC). Don't have too much expectation for an independent market before it goes out of the rising period!

From the technical structure, the current trend is still a wide range of shocks around the main control line. For regular fluctuations, you can refer to the short-term support of 3358~3411. If there is a sharp drop caused by bad news or other stimulating factors, you can actively rebound in the 3133~3188 pattern support range! #ETH