Ethereum has maintained a concussion near 1601. According to the "Ethereum Merge Countdown" page of OKLink multi chain browser, the current block height is 15526845. The latest block is from unknown, and the current difficulty is 12.38PH. It is estimated that 10242 blocks remain to be merged with Ethereum.
Ethereum ETHUSD - 4-hour K line diagram shows:
According to the 4-hour chart, the high-level short power drops rapidly, the short-term short power enters the market strongly, and the market decline may continue. The MACD indicator is in the long area, maintaining a weak and slow decline, and the RSI indicator is in the narrow range below the 50 equilibrium line;
Empty turning point: 1613
Pressing position: 1641, 1669
Support position: 1574, 1549
Trading strategy: 1613 down bearish, target 1574, 1549
Alternative strategy: 1613 upside bullish, target 1641, 1669