Ethereum fell 20 points in an instant, and it may be recovered directly today

Public data shows that the net inflow of BTC in 24H exchanges: -￥69.7294 million (-981.23), the net inflow of ETH: ￥33.2479 million (14,000), the net inflow of USDT: -￥118 million (-17470322)

ETH/USDT market analysis:

Judging from the 6-hour chart, although Ethereum opened downwards and each moving average system runs downward around the middle rail of BOLL, as Ethereum directly fell by 20 points, after reaching the lowest price of 333, it began to bottom out and rebound. The current quotation is at 341 Nearby, there is still a need to continue to rebound upwards!

Then, judging from the 2-hour chart, the BOLL channel opens downward, and Ethereum runs downward along the lower track of BOLL; as Ethereum bottoms out and rebounds, the yellow MA5 moving average has begun to hook up; the subsidiary indicator MACD below has short momentum. It starts to shrink, and the fast and slow lines gradually start to level off and show an upward trend. Once the conversion is completed, the rebound will be further strengthened!

Comprehensive analysis: Yitian (aphz8705) believes that the current rebound strength of Ethereum has yet to be determined. The previous pressure level is at the 345 line. If it cannot be broken strongly, it will continue to be short; but if it successfully breaks through the 345 pressure level, then Ethereum will go out In the "V" shape, the previous decline was successfully collected!