Thursday afternoon, Ethereum thinking analysis and operation suggestions!
Yesterday, ETH ETF ushered in a net inflow of 24.21 million US dollars, which made the market jubilant. However, the short 15-minute volume did not continue. In the next 4 hours, the market remained in a relatively stable consolidation state. The exchange rate of Ethereum diverged at the bottom of the 4-hour period, which made people look forward to a wave of compensatory gains for Ethereum.
From the trend of Ethereum, the price of the currency fell into a shock adjustment after the ups and downs. After the lowest support rebound of 2536, it showed a step-by-step upward trend. The current price of the currency is running around 2620. The four-hour level is supported by the ma15 moving average. The bottom of the retracement is gradually raised, but the upper pressure is obvious. The short-term bulls are temporarily stagnant. The short-term is facing adjustments, but it will not fall too much. The overall trend remains unchanged. The retracement is for a better rise. Don't miss the opportunity, so the operation is still to keep low and long!
For short-term operation of Ethereum, step back to the 2570-2600 area, and the target is 2650-2680.
The state is very good, the winning streak is still there, I can't figure out the long and short positions, identify the ideas, and walk side by side! Create more glory!
The performance of ETH ETF has always attracted much attention, and investors are full of expectations for its future trends. In such a market environment, we need to pay attention to market dynamics at any time and make timely adjustments and responses.