Fundamental analysis:
Ethereum has maintained a shock around 1978, and the technical specifications of Ethereum consensus layer have been updated v1 For the first candidate version of 2.0, if there are no unexpected problems in the upgrade of the test network, there will be no major changes between this version and the final version. This version includes the technical specifications of beacon chain, bifurcation and verifier, and adds the consensus layer specification for shard blob transactions for the first time.
Ethereum eth / usdt - 4-hour K-line diagram display:
Technical comments: maintain the narrow consolidation and translation in the Bollinger belt index channel for a long time, the Bollinger belt index shows a closing trend, and continues to linger in the weak position in the channel in the medium and short term. The MACD index is below the 0 axis, and the short position area continues to fluctuate and move upward, and the RSI index is near the 50 equilibrium line, and the weak position starts to move downward slowly after consolidation;
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.