ETH left side accumulation area has accumulated a trading volume of 33.48 million pieces, and the current area has completed 21.11 million pieces of turnover.
If the structure of this area remains stable and the bullish pattern is not broken, it is expected to give rise to a new trend market.
Essentially, this is a process of exchanging chips at low and high positions — after the turnover ends, if the trend structure maintains bullishness, it is confirmed as an accumulation area;
If a bearish pattern is presented, it may evolve into a distribution area. The next two weeks will reveal the outcome, and we hope that ETH's breakthrough this time will meet market expectations.