Ethereum: weak shocks move up

Ethereum maintained a shock around 1215. Ethereum miners have purchased $15billion worth of GPUs in the past 1.5 years.

According to the 4-hour chart: after maintaining the bottom narrow range consolidation for a long time, the bull power showed signs of waiting for the opportunity to enter the site, and began to continue to move up the nodes near the upper rail of the Bollinger belt index. After the Bollinger belt index showed a closing trend, it began to slowly open its mouth. The bull power of the MACD index maintained a concussion and moved upward to hover above the 0 axis, and the RSI index was on the 50 equilibrium line;

Multi empty turning point: 1215

Pressing position: 1263, 1321

Support position: 1132, 1072

Trading strategy: bullish above 1215, targets 1263 and 1321

Alternative strategy: bearish below 1215, target 1132, 1072