【7.23 Ethereum Trend Analysis】
K-line shape: The price has recently fluctuated in the range of 3400 to 3500, forming a relatively obvious shock consolidation area. Long upper shadow lines appeared on July 22 and July 23, indicating that there is strong pressure above.
Technical Indicators: The MACD histogram is showing negative values, indicating that the market is still in a bearish trend, but there are signs of weakening. RSI is close to 50, indicating that the market is relatively balanced, with no obvious overbought or oversold signals. The short-term and mid-term moving averages of EMA exert certain pressure on the price.
Trading volume: The trading volume increased significantly on July 22, and then fell back on July 23, which indicates that the previous day may have been the result of fierce competition between the long and short parties. The overall trading volume showed a trend of first increasing and then decreasing, indicating that market sentiment is gradually calming down.
Pay attention to the good news about the adoption of the Ethereum ETF, and there is a chance that the market will explode in the short term!
Suggestions for the day:
Long: 3400-3350 range Target: 3500-3550-3600
Long: 3320-3270 range Target: 3400-3500-3700
Personal analysis is for reference only! #比特币大会 #以太坊ETF批准预期 #美国大选如何影响加密产业？ #ETH🔥🔥🔥🔥
