Daily Market Analysis - ETH
On an hourly basis, the price is currently still on the rise trendline of the 4-hour level, and hitting around 3200 will form a rebound, but the MA30 line of the 4-hour level is trending downward. Therefore, after the price rebounds, there will be further decline to reach the support level of 3100.
Looking at the daily candlestick level, it has been a Bearish line for two consecutive days. The MACD of the daily candlestick also shows a sign of strengthening downward momentum. The MA30 line of the daily candlestick has started to turn downward again. In the short ter
View OriginalOn an hourly basis, the price is currently still on the rise trendline of the 4-hour level, and hitting around 3200 will form a rebound, but the MA30 line of the 4-hour level is trending downward. Therefore, after the price rebounds, there will be further decline to reach the support level of 3100.
Looking at the daily candlestick level, it has been a Bearish line for two consecutive days. The MACD of the daily candlestick also shows a sign of strengthening downward momentum. The MA30 line of the daily candlestick has started to turn downward again. In the short ter
