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Ethereum: continue to go offline
2022-07-01
1439
Fundamental analysis:
Ethereum kept shaking around 1005, according to ethernodes Org data shows that the Ethereum main network has reached and exceeded the height of the gray glacier hard fork startup block of 15050000. The hard fork aims to delay the difficulty bomb by 700000 blocks (about 100 days). At present, 65.1% of the nodes in the whole network have been updated.
Ethereum ethusd - 4-hour K-line diagram display:
Technical analysis:
According to the 4-hour chart, the short power continued to vibrate and move downward near the downtrack of the Bollinger belt index, the Bollinger belt index continued to open its mouth slowly, the MACD index remained weak in the short area, and the RSI index was in a narrow range under the 50 equilibrium line;
Multi empty turning point: 1036
Pressing position: 1091, 1147
Support position: 952, 901
Trading strategy: 1036 bearish, target 952, 901
Alternative strategies: bullish above 1036, targets 1091, 1147
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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