August 10 Midday Analysis
Current $ETH at 1918.50, slightly up 0.29% with narrow intraday fluctuations. The full intraday trading range is locked between 1905.00 and 1937.67.
On the capital side, the total contract open interest reaches $4.379 billion, with a total intraday trading volume of $3.762 billion. The market net inflow is $57.11 million, indicating continuous incremental funds entering to build a bottom support for the mid-term trend; there is a large sell order of $15.8644 million on the order book, with concentrated short-term selling pressure above, making the rebound resistance significant. Personal suggestion from Yasin On The Move: buy around 1905-1860, target near 1945-1985 #BTC #ETH #BTCTrendAnalysis
Current $ETH at 1918.50, slightly up 0.29% with narrow intraday fluctuations. The full intraday trading range is locked between 1905.00 and 1937.67.
On the capital side, the total contract open interest reaches $4.379 billion, with a total intraday trading volume of $3.762 billion. The market net inflow is $57.11 million, indicating continuous incremental funds entering to build a bottom support for the mid-term trend; there is a large sell order of $15.8644 million on the order book, with concentrated short-term selling pressure above, making the rebound resistance significant. Personal suggestion from Yasin On The Move: buy around 1905-1860, target near 1945-1985 #BTC #ETH #BTCTrendAnalysis