ETH布拉格升级

March 12 Ethereum News Sharing
In 2021, during the major crash in the cryptocurrency market, ETH fell from 4000 to over 1700, testing the 1700 level three times. Ultimately, on August 5, with the London upgrade, Ethereum turned a profit, first rising to 2700, then to 4000, and finally reaching 4877, a dramatic reversal. Currently, the level above 1700 that Ethereum has dropped to is indeed a strong support.
Now in April, there is also a Prague upgrade; can Ethereum repeat the reversal it experienced back then? #eth #ETH布拉格升级 $ETH

Of course, it's impossible to plummet again now. The current墨迹 trend is just the recovery phase after the extreme conditions on February 3rd. Therefore, it feels particularly boring, and the fluctuations are extremely limited.

Taking ETH as an example, the daily and three-day moving averages show a downward divergence. However, the deviation is quite large; if the price is too far from the moving averages, it will also have a pulling effect.

Thus, the price should be pulled upwards from the 2700 point by the moving averages.
To what position should it be pulled? Focus on the 3000-3100 point 30-day moving average resistance level.

Therefore, my view is that at least we should test the 3100 point level. If luck is on our side, ETH could be driven by the Prague upgrade attracting funds, possibly challenging the previous high.

#ETH布拉格升级