ETH: highs down

Ethereum maintains a shock around 1524. It is learned from inside Tencent that Tencent Cloud recently established a Quanzhen Internet Finance team. It is understood that the team will rely on Tencent Cloud's real-time audio and video TRTC, AI, digital intelligence, cloud rendering, digital twins and other superior product capabilities to explore a new generation of financial scene full-real interactive solutions, and promote the full-real Internet in the financial industry.

Ethereum ETHUSD - 4-hour K-line chart shows:

Looking at the 4-hour chart: the high-level short-term dynamics fluctuated and retreated, the market’s short-term sentiment began to emerge, and gradually went down, and the short-term decline may continue. The MACD indicator is in the long-term area and moves down, and the RSI indicator is in the long-term area. Shock down;

Long-short turning point: 1534

Repression: 1560, 1591

Support: 1497, 1471

Trading strategy: bearish below 1534, target 1497, 1471

Alternative strategy: call above 1534, target 1560, 1591