The current price is around 1800, and the distribution of chips shows strong support in the low price area. The recent support level is only 0.65% away from the current price, indicating limited downward space. Combining the MACD dead cross and KDJ dead cross signals, although there is short-term pullback pressure, the sparse area of chips suggests that prices are easy to break through. If you can stand firmly at 1800, the space above will open up.
In addition, the J value is extremely oversold, with an increased probability of rebound. Coupled with the rising trading volume moving average, buying power is accumulating. Chip distribution helps you accurately grasp support resistance and quickly understand trends.
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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.
