A deep analysis of the future market trends of ETH: Technical and news analysis.
Everyone, the recent market in the cryptocurrency world has been quite exciting, especially for ETH (Ethereum). We successfully predicted the key price level of 3500 before, and many fans profited from it. Today, let's have a good discussion about the future market trends of ETH.
News analysis
From the news perspective, there is also a significant impact on the trend of ETH.
On one hand, the U.S. House of Representatives passed the (CLARITY Act), which will be submitted to the Senate for review.


Technical analysis

From this one-hour ETH chart, you can see a lot of insights. Firstly, ETH surged forward significantly earlier, reaching a high of 3628.99 today. This wave of increase is quite strong, indicating that the bullish strength in the market is very strong.
However, after peaking, ETH has experienced a pullback. From a technical indicator perspective, the upper band price is around 3550, which has some supporting effects.
The MACD indicator is also worth paying attention to. Currently, the DIF line and DEA line show signs of a dead cross above the zero axis, and the green histogram is gradually lengthening, which usually indicates that there may be some pullback pressure on the price in the short term.
If you don't know how to look at specific levels, you can come to Zhuque, who will guide you step by step.
Zhuque Viewpoint
ETH fluctuated within a range yesterday. From 8 AM yesterday to just after 4 AM today, it remained in the range until it effectively broke through at 5 AM when the U.S. passed the bill, breaking the key point of 3478 and reaching 3628. Zhuque predicts that the future trend of ETH will face a pullback to around 3550 due to insufficient momentum, before breaking through the historical high of 3688. If you don't know what an effective breakout is, you can come to Zhuque, who will guide you step by step.
Are you stuck? When to buy the dip? Still the same saying, feeling lost and helpless not knowing what to do, click on the avatar to comment. I need fans, you need references #ETH突破3600 $ETH