The current ETH price is hovering around 1800, and the member exclusive chip distribution indicator shows that a large number of chips are gathered in this area, forming strong support. Combined with recent price fluctuations, the market has tested this range multiple times without breaking, indicating that the main funds have a clear intention to protect the market.
In addition, the KDJ death cross appeared simultaneously with the decline in trading volume, indicating that short-term action can weaken, but the EMA24/52 moving average is bullish and still tends to be upward in the medium to long term. The support level indicated by the distribution of chips will become the key to the next market trend.
Open membership immediately, unlock chip distribution, and seize the opportunity!
The data is sourced from the PRO member's [ETH/USDT Binance 90 minute] K-line, for reference only, and does not constitute any investment advice.
