President of the European Central Bank: The European Central Bank’s policy on cryptocurrencies will not be changed due to El Salvador’s practices. Report: The Ethereum Fund had the largest outflow since 2015 last week, and about 23% of Ethereum was locked in smart contracts. The Ethereum London upgrade has confirmed all the included EIPs, including 5 EIPs including EIP-1559. From a technical point of view, Ethereum forms 3 bullish candles consecutively but market momentum is relatively weak. BOLL benefited more from the drive of Bitcoin. H4 graph shoes that Ethereum maintained fluctuation with a triangle pattern, indicator remained passive. Overall prioritise operation on the fluctuation zone. The deciding point whether to buy or sell is near 2750.
Resistance：2630-2750-2900
Support：2530-2440-2320
Disclamer: The report is speculatif and DO NOT guarantee profit. Not financial advice. Please trade at your own risk.
Powered by: Quant Tech