Ethereum: continuous low-level finishing

Ethereum remained volatile around 1129. According to glassnode data, the current number of eth profit making addresses (7-day average) was 41719859.464, reaching a 19 month low.

According to the 4-hour chart: it has been maintaining the weak translation of narrow consolidation in the brin belt index channel for a long time. During this period, it has repeatedly spied on the nodes of the upper and lower rail sections. The low-level bull power finally waited for the opportunity to enter the site and moved up slowly. The MACD index is in the short area to maintain the weak consolidation and move up slowly. The RSI index is in the short area to maintain the shock and move up to the 50 equilibrium line;

Multi empty turning point: 1082

Pressing position: 1203, 1263

Support position: 1015, 953

Trading strategy: bullish above 1082, target 1203, 1263

Alternative strategy: bearish below 1082, target 1015, 953