Analysis of ETH Market Trend on July 4th
On July 4th, Ethereum (ETH) displayed a fluctuating market trend. The price initially experienced a rebound, reaching a peak around 1977 before encountering resistance and retracing. It dropped to a support level of 1947 and is currently hovering around 1953. On the four-hour chart, Ethereum made multiple attempts to surpass the 1980 resistance but was unsuccessful. As a result, it underwent a bearish correction, falling below the MA7 moving average. The MACD indicator indicates a weakening b...
Analysis of ETH Market Trend on July 4th
On July 4th, Ethereum (ETH) displayed a fluctuating market trend. The price initially experienced a rebound, reaching a peak around 1977 before encountering resistance and retracing. It dropped to a support level of 1947 and is currently hovering around 1953. On the four-hour chart, Ethereum made multiple attempts to surpass the 1980 resistance but was unsuccessful. As a result, it underwent a bearish correction, falling below the MA7 moving average. The MACD indicator indicates a weakening b...
