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Data: Ethereum has destroyed more than 2.35 million eth

2022-05-23
1095
Fundamental analysis:

Ethereum maintained a shock around 1933. According to ultrasound data, up to now, a total of 2354065.62 eth have been destroyed by Ethereum network. Among them, 230048.15 eth were destroyed by opensea, 219335.64 eth by ethtransfers and 219335.70 eth by uniswapv2.


Ethereum eth / usdt - 4-hour K-line diagram display:




After entering the track, the technical index of rscd moves up and down the weak track, and the dynamic index of RSI starts to move down the weak track, and the dynamic index of rscd moves up and down the weak track for a long time. After the consolidation index of rscd moves up and down the track, it starts to move down the weak track;


Long short turning point: 1998


Pressing position: 2112, 2204


Support position: 1838, 1741


Trading strategy: bearish below 1998, target 1838, 1741


Alternative strategy: bullish above 1998, target 2112, 2204


The above analysis is a personal point of view and is for reference only.

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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