Ether market analysis

At the daily level of Ethereum, a white pillar was closed yesterday, but the upper and lower pins are interspersed frequently, and the long and short hit groups are easy to be exploded. In this strangulation war, survival is the top priority. It is not necessary to eat up all the quotes, and the short-term hints may be that 2050 may be tested again today. 2050 is the most likely to be touched in the short term, and the question is whether it can stand firm. The MACD may take a divergence route, and it is necessary to pay attention to the possibility of a short-term outbreak. Looking at the moving average, it is currently testing EMA7. Today's volatile market will be interspersed up and down, pay attention to whether 2050 can stand firm. In the short term, Ethereum is in line with the curve, and yesterday's pin insertion into the EMA 55-1 hour level did not cause a substantial breakdown. The bulls are still strong, around EMA 7. In the short term, Ethereum, which is currently in line with the curve, did not have a substantial break yesterday and is still around EMA 7. Stepping firm on EML11 around 2020 is an opportunity to go long or judge future shorts. Personally, I am biased towards the bulls and may touch 2056. The direction of Ethereum's exchange rate is not particularly good, but once this wave passes, there may be a non-rising market. For the medium and long term, pay attention to the 2000 mark, once it is broken, you may see a panic sell-off, which will come to 1900. This is the view in the short to medium term of Ethereum.

ETH-4.82%
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