$ETH
Ethereum has been hovering below $3000 these past few days, generally being pressured around the 2970 mark, finding support near 2910 during each dip. The movements from $BTC are also influencing the overall pace.
From the hourly chart, there hasn't been a particularly strong trend formed; rather, the support line below hasn't truly been touched. Moving forward, it's crucial to watch whether it gets touched or directly broken; both directions need close monitoring. The timing of interest rate hikes in Japan could very well be the trigger point for the next wave of market activity.
The market is constantly evolving, and daily analyses will be updated. If you're interested, you can follow along to seize potential trading opportunities.
Or come to the chat room to operate with Zhuohang.
