Notification
Ladies and gentlemen present. Let's wash our feet together!
Happy Children's Day!
Market analysis.
The large pie's monthly line closes. Anyway, it's not very good. The moving average indicators are starting to bend, and the price is still quite far from the moving average.
The large pie's daily line still has three divergences. The third divergence has been smoothed out. It was mentioned yesterday. It may erase the entire increase from the three divergences.
The 2.5-day line didn't close well either. It's all broken shapes closing. Currently, the large pie is rubbing against the weekly support.
Tomorrow the weekly line is going to close. If it closes around this price level, then the weekly line won't be too good either.
The large pie may be entering a correction cycle.
Ethereum synchronizes with the large pie. If the large pie enters a correction cycle, then Ethereum will enter a small e-junk era again.
Summary. Currently, the large-level closing lines are not very good. There is a risk of correction. We are waiting for the weekly line to confirm the close. Ethereum follows the large pie.
