Ethereum daily chart analysis shows that the recent price has been fluctuating within the narrow range of 1700-1900 USD, with volatility continuing for a week.
The K-line has tested the MA60 moving average resistance multiple times, while the MACD indicator shows signs of breaking above the zero line.
If the MACD successfully stays above the zero line, Ethereum is expected to start a strong trend, making an attempt to hit the key resistance level of 2000 USD.
In terms of operations, it is recommended to pay attention to short-term pullback opportunities. If the price falls back to around 1700 USD, consider buying the dips in spot trading to seize the entry opportunity.
