Current ETH price 2830, in a bullish dominant range, can be positioned with light positions based on on-chain and monitoring signals.
Market analysis: On-chain data shows that ETH's Gas fees have dropped by 18% in the past 24 hours, and on-chain activity has increased by 10%. Small funds are clearly entering the market.
Intelligence Bureau reminder: the market maker has no major plans to push prices up, currently in a wave oscillation cycle.
Real-time monitoring 👇
Intraday trading inquiry (intraday trend)
Signal interpretation
This is a typical oscillating market; the market maker will not push up prices, but it is suitable to take small long positions in the oscillating range, exit at the top of the oscillating range, or close part of the profits to lock in gains.
Short selling pressure & capital accumulation period👇
Battle room data: Short selling pressure zone is above 3036 (no pressure for now), the current price is near the lower edge of the capital accumulation zone at around 2888, with strong support.
Trading idea: Support at the accumulation zone is effective + bullish dominance, during the accumulation period, seek long opportunities with a small position and strictly control the position size.
Viewpoint: Bullish in the short term, low buy-in participation in the wave
"Which resistance range do you think ETH will touch in this wave? Leave your technical judgment in the comments!"
(Personal analysis, for reference only, not investment advice)
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