Ethereum Morning Analysis on August 1
Today's morning technical indicators update
According to the latest daily technical analysis on TradingView (as of GMT 01:21):
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Current price: $3672.9 USD, down from yesterday.
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Oscillators: Overall leaning towards neutral, with 2 sell signals, 9 neutral signals, and 0 buy signals. This indicates that buying momentum is weakening in the short term.
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Moving Averages: Overall leaning towards buying, with 3 sell signals, 1 neutral signal, and 11 buy signals. Although long-term moving averages still indicate buying, short-term moving averages (such as EMA10, SMA10, and Hull moving average (9)) have shown sell signals, which requires attention.