#ETH今日走势 The market is like a battlefield, and trends determine victory or defeat. In the realm of cryptocurrency, ETH has always been the focus of attention as the 'hero'. Today, let's have a good chat about ETH's trend.
First, let's talk about the news. Recently, there have been continuous reports in the crypto world, with whispers of regulatory policies coming and going, and the attitudes of some countries toward cryptocurrency are wavering, much like the sword of Damocles hanging over ETH. However, there are also positive news, such as certain institutions increasing their investments in blockchain technology, and ETH, as one of the leading public chains, is expected to benefit from this. Moreover, the progress of the Ethereum network upgrade is smooth, which may enhance its performance and attractiveness, laying the foundation for ETH's long-term development.
Now, let's take a look at the technical aspect. From this 1-hour candlestick chart, ETH's recent trend can be described as turbulent. Currently, the price is fluctuating between the key support level of 4310 and the resistance level of 4575. The price once dipped near the support level of 4060 but then showed a certain rebound. The MACD indicator shows signs of a golden cross between the DIF and DEA lines at a low level, which may suggest upward momentum in the short term. However, the trading volume has not shown significant expansion, indicating that market participation is still not high enough, raising doubts about the sustainability of the rise.
From the moving average system, the short-term moving averages show a trend of turning upwards, but the medium to long-term moving averages are still downward, forming a certain level of pressure. This is like ETH on its path forward, having both short-term support and long-term resistance.
In my personal opinion, ETH may experience a rebound in the short term, but the overall trend is still unclear. The uncertainty of the news still exists, and on the technical side, it also faces the test of resistance levels.
For us retail investors, it is essential to remain calm at this time. Do not let short-term fluctuations cloud your judgment and blindly follow the trend. If the price can effectively break through the resistance level of 4575, and the trading volume increases accordingly, then it may be worth considering a suitable follow-up. However, if the price falls below the support level of 4310 again, or even 4060, then caution is required, and it may be necessary to temporarily exit and observe.
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