The currency price bottomed out again at midnight, reaching around the 35,500 level, and has now gradually recovered. The current market has broken the key support of 36600. In the short term, the market may make a range adjustment between the mid-term lower rail and the middle rail. Pay attention to the support level of the daily mid-track, which is an important support level.
From a technical perspective, the current trend may just be a matter of time adjustment, with the long-term structural trend remaining intact. The one-hour level indicator Bollinger Bands shows signs of closing when it runs downwards. It can be seen that the currency price has continued to decline all the way and has been running on the lower track and the first line until the area near 35500 before it started to rise. The current point is a relay position, and if the direction is unclear, it is necessary to temporarily wait and see. It is recommended that the day operation is mainly low and long.
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The pie is around 36,000, and the target is 38,000. Ether is mostly around 1960, with a target of 2100.
Suppression points: 38000.38500, 2100.2150.
Support points: 36000, 35500, 1960, 1920.
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[The above opinions are for reference only. Investment is risky, so be cautious when entering the market]
From a technical perspective, the current trend may just be a matter of time adjustment, with the long-term structural trend remaining intact. The one-hour level indicator Bollinger Bands shows signs of closing when it runs downwards. It can be seen that the currency price has continued to decline all the way and has been running on the lower track and the first line until the area near 35500 before it started to rise. The current point is a relay position, and if the direction is unclear, it is necessary to temporarily wait and see. It is recommended that the day operation is mainly low and long.
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The pie is around 36,000, and the target is 38,000. Ether is mostly around 1960, with a target of 2100.
Suppression points: 38000.38500, 2100.2150.
Support points: 36000, 35500, 1960, 1920.
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[The above opinions are for reference only. Investment is risky, so be cautious when entering the market]