$ETH

Let’s talk about the recent trends of Ethereum.

From the current trend, Ethereum has been fluctuating between the upper resistance and lower support, and it has now broken through the support level.

Currently, the trend can make a pullback, and this pullback could reach the lower support level around 1692. The current trend is fluctuating back and forth, trapping those who went long at high levels. At present, it is possible to take a short position, as the volatility increases after 12 o'clock, indicating it’s Monday.

Then, sitting long at lower levels can yield a medium to long-term position, so there’s no need to rush to taste Ethereum, although it is particularly desirable. Holding at lower levels is fine because Bitcoin has already approached around 93000, while Ethereum is still fluctuating around 1800. There is still hope for Ethereum to reach around 2000.

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