Ethereum
Fed Chairman Powell said: Bitcoin and other non-stable currency versions of digital currencies are inefficient payment mechanisms, while stablecoins are a "double-edged sword." Google Trends: The search popularity of "cryptocurrency" theme content in the United States and the world has reached a new high in the past three years. According to reports, despite the fall in the price of Ethereum, 93% of holders are still profitable at the price of $2,671. From a technical point of view, Ethereum's rebound is currently at the 50% position of the golden section line of the top and bottom points of the previous decline. Daily line small positive belt up and down lead, market repair based trend. In H4 graph, the rebound was relatively strong, and the test fell back to 3000 points. However, the indicators are still weak, and the moving average is suppressed obviously. Overall prioritise Sell on high the fluctuation zone. The deciding point whether to buy or sell is near 3000.
Resistance：2850-2910-3000
Support：2700-2600-2480
Disclamer: The report is speculatif and DO NOT guarantee profit. Not financial advice. Please trade at your own risk.