The daily chart shows a small bullish candle, with trading volume only about half of the previous day, continuing to maintain a trend of shrinking volume and upward fluctuations.
We have also been saying these past two days that the price has a trend of pushing further upward.
The hourly level is following Bitcoin, currently still relatively weak, but there is still a possibility that Ethereum could push up further while Bitcoin consolidates at a high level.
The current price is very close to the daily EMA52 line, it's just a matter of whether Ethereum can surge directly and then head towards 2000-2100;
It continues to maintain an upward fluctuation, touching slightly before coming down, then experiencing a wave of daily level decline and bottoming out.
Daily level resistance at 1890-2120-2310, support at 1740-1680-1540-1460
From the Ethereum liquidation heatmap data, we can see
The price is rising, with a large number of significant short positions waiting for liquidation in the 1852-1876 area
The price is falling, with a large number of significant and super-sized long positions waiting for liquidation in the 1776-1684 area
