Notification
Yesterday, U.S. stocks opened with a surge. Currently, U.S. Nasdaq futures are fluctuating around 21,500 points.
The large coin has not yet digested the three divergences on the daily line. Indicators above the 2-day line level are pushing the large coin to oscillate at high levels. Digestion.
Of course, there is also part of the reason from the U.S. stock market. The rise in U.S. stocks has also driven the large coin, although the large coin did not surge again. However, the high-level consolidation is slowly digesting the divergence, which is also beneficial for the bulls.
Ethereum was mentioned yesterday. There is a strengthening trend. Of course, I also traded Ethereum for a whole day yesterday, and it was fantastic. I made a total of 4 trades yesterday. After the U.S. stock market opened, I also made some trades in Ethereum. I took profits before sleeping.
From the current perspective, looking at today’s closing. The exchange rate of Ethereum to the large coin has broken through. However, Ethereum itself has not broken through yet, being constrained by several major moving averages, in the range of 2,650 to 2,700.
If Ethereum's exchange rate breaks through first, it will definitely strengthen. Ethereum is currently quite strong compared to the Nasdaq.
In summary, overall, the large coin is in a high-level oscillation trend. The Ethereum exchange rate has broken through. Its performance will be better than the large coin. Ethereum is biased towards bullish.