The market bottomed out, and most major tokens quickly dropped and then pulled back. At present, the overall trend of the market is weak, BTC performs slightly better, and there is a leading gain in early trading. In the 1-hour k-line, MACD is again a golden cross above the zero axis, and the opening has signs of re-expansion. A short-term rebound is about to occur, but the overall amount can be one-off, causing the long positions in the market are not strong, pay attention to the above $9200 pressure.
ETH dropped slightly in early trading and then pulled back again. The recent trend is relatively stable and has been trading sideways around $190. Judging from the 1-hour trend, there is a golden cross above the zero axis of the MACD indicator. There is a rebounding demand in the short term, but the quantity is lacking, resulting in low market activity. In the case of unlimited rebound, pay close attention to the pressure near $194 and beware Chasing high.
ETH dropped slightly in early trading and then pulled back again. The recent trend is relatively stable and has been trading sideways around $190. Judging from the 1-hour trend, there is a golden cross above the zero axis of the MACD indicator. There is a rebounding demand in the short term, but the quantity is lacking, resulting in low market activity. In the case of unlimited rebound, pay close attention to the pressure near $194 and beware Chasing high.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.