ETH 90 minute cycle: Chip distribution reveals key support, member indicators help you accurately buy bottom
Currently, ETH is testing support around 1600 in a 90 minute cycle, and the distribution of member exclusive chips shows that the chips in this area are sparse, making it easy to form a breakthrough or rapid rebound. Combining the MACD dead cross and KDJ indicator divergence, the short-term downward signal is strong, but the support level below is only 3.30% away, which may trigger a bullish counterattack. Although the price is above the EMA24/52 moving average, the trading volume has shrunk to 46.62% of the average level, indicating a strong wait-and-see sentiment in the market. Chip distribution helps you lock in inventory changes in advance and seize opportunities to initiate market trends. Open a membership, master exclusive chip distribution, and accurately position support and resistance! The data is sourced from the PRO member's [ETH/USDT Binance USDT perpetual 90 minute] candlestick, for reference only, and does not constitute any investment advice.
