The distribution of chips in the current price range shows strong support around 2000, which is only 2.79% away from the current price. Although the latest candlestick has shown a cross star and the short-term trend is hesitant, combined with the extreme decline in trading volume and oversold J value, market rebound demand is accumulating. The distribution of chips also shows a sparse price range, indicating an increased possibility of breakthrough.
Under the suppression of the EMA24/52 moving average, the downward trend is evident, but the balanced distribution of chips near the support level suggests that bulls may counterattack. Pay close attention to the gains and losses of support levels, and signals of changes may emerge.
Open membership to unlock chip distribution, accurately grasp support and breakthrough opportunities!
The data is sourced from the PRO member's [ETH/USDT Binance 1-hour] K-line, for reference only, and does not constitute any investment advice.
