The hourly trend is basically following Bitcoin, but is relatively weaker, as the price came down without making new highs.
The daily level shows a small bullish candle resembling a doji, with trading volume slightly higher than the previous day, maintaining a pattern of shrinking fluctuations.
The daily MA30 line is still in a downtrend, the price has closed above the daily MA30 line, and it has been three consecutive days of closing above MA30, indicating the potential for further upward movement.
The daily MACD is still showing weak upward momentum below the zero axis, and it will take time to return to the zero axis. The daily EMA52 line is also a recent resistance level, so the price may reach around 1890 before pulling back down. In terms of operations, you can perform high selling and low buying at the given daily resistance levels below.
Contract long positions can take profits in batches, while spot positions can continue to hold.
Daily resistance levels are 1890-2120-2310, and support levels are 1660-1540-1460
From the Ethereum liquidation heatmap data, we can see
Prices are rising, with a large number of significant and oversized short positions waiting for liquidation in the 1830-1880 range
Prices are falling, with a large number of significant and oversized long positions waiting for liquidation in the 1776-1680 range
