Ethereum developer TimBeiko updated the results of the Ropsten test on the Ethereum, which shows that there was no problem. JP Morgan Chase: At the current price level, institutional interest in Bitcoin has declined. The Indian cryptocurrency market has exploded from US$200 million to US$40 billion in a year. Fed officials: The exponential growth of stablecoins may disrupt the short-term credit market. From the technical point of view, the Ethereum weekly candle is closed bearish for 3 consecutive weeks, setting a new low within the year. The daily candle has not reached a new low but is very closed to it. H4 graph shows rapid rebound and formed a W pattern. EURUSD is currently above the middle Bollinger band and MA forms Golden Cross on base position. Overall prioritise Sell on the fluctuation zone. The deciding point whether to buy or sell is near 2040.
Resistance：2040-2140-2280
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