Ethereum intraday trend:

ETH4-hour short-term moving average continues to maintain a narrow range of fluctuations, and the MACD indicator chooses a direction around the zero axis. If it goes down, the key strong range support is around 1170-1180. In addition, the overall pattern is in the process of closing the short-term and medium-term moving averages. Pay attention to the platform resistance around 1330-1340 above. If the range is broken in the future, then follow the trend to arrange.

Short-term trend: ETH fell to the vicinity of the Bollinger track in 1 hour, the market was weak, but the oscillation range has not been opened significantly. Pay attention to the short-term support around 1200-1210 in the future. The upper Bollinger track of 15 minutes is temporarily under pressure, and pay attention to the range resistance of 1260-1275. The technical side is short-term bearish. If the market falls below the range, it is recommended to look down.

The above information is for reference only and does not constitute any investment advice. If you operate based on this, you will bear the risk at your own risk.