ETH 4-hour cycle: Chip distribution reveals key support, upward trend may continue!
The current price is around 1800, and membership indicators show a clear accumulation of chips in this range, indicating fierce long short competition. Considering that the recent support level has only deviated by 0.26% and the resistance level is close to the current price, it indicates that the price may continue to rise after consolidating around 1800 in the short term. From the K-line pattern, the appearance of the red three soldiers in the 4-hour cycle confirms a strong bullish signal. At the same time, the EMA24 and EMA52 moving averages are in a long position, further confirming the medium to long term upward trend. Open a membership, obtain exclusive chip distribution data, and accurately grasp support and resistance! Master the distribution of chips and lock in trend turning points in advance! The data is sourced from the PRO member's [ETH/USDT Binance USDT perpetual 4-hour] K-line, for reference only, and does not constitute any investment advice.
