Don't ask why! Check your ETH position immediately! 3130 and 2670, one of them will definitely be reached today!
$ETH I am Zhou Yi. This morning when I opened the market, the hourly chart of ETH caught my eye — the MACD has turned from a death cross to a golden cross! But the market is clearly still falling; is this a smokescreen from the market makers or a real signal before a trend change? Don't rush, let me explain slowly.#ETH走势分析 News front: a mix of good and bad, who will dominate?
The Ethereum Foundation transferred 1000 ETH (about 3.12 million USD) — this is easily interpreted as an 'official reduction', with short-term sentiment leaning bearish. However, BlackRock's ETHA has seen a net inflow of 222.9 million USD for two consecutive weeks — large funds are quietly bottom-fishing ETH, contrasting with the outflow of Bitcoin funds!
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.