The daily level is a black candlestick in the shape of an inverted hammer with a long lower shadow, and the trading volume is slightly higher than the previous day.
The daily MA30 line is still in a downward trend, and MACD is still below the zero axis, showing an increasing upward momentum. At present, Ethereum's trend is still weaker than Bitcoin, and the daily level is following Bitcoin.
If the MA30 line continues to decline, the price and the line will get closer and closer, and then the pressure on the line will become smaller and smaller. When the price goes up and stabilizes, this line will gradually become more and more supportive. Just wait patiently.
Daily level pressure level 2470-2540-2690
Support: 2200-2120
From the hourly level, when I posted yesterday, it was exactly a 6-hour pullback in 12 hours. Short-term trading can be short at 2420 and short at 2280.
From the three-day liquidation heat map
The price is going up, and there are a lot of large and super large short orders waiting to be liquidated in the 2372-2440 area.
The price is going down, and there are a lot of large and super large long orders waiting to be liquidated in the 2272-2224 area.
