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#加密生态动态追踪 Ethereum technical observations
The trend of Ethereum is highly correlated with Bitcoin, and the big white candle in the early morning shows that the bulls are not weak. In contrast, Ethereum has performed a little stronger. On an hourly level, Ethereum is currently operating in a wide oscillation range.
The key logic is simple: as long as Ethereum can hold the 3225 position, the rally has a chance to continue. At that time, you can pay attention to the previous highs, and it may even break through new highs. But if it falls below 3225, it needs to be prepared to step back on the lower edge of the range. The 3225 line is the current long-short dividing line.
In practice, you can consider opening long positions in batches in the 3240-3285 area, and the target level should first look at the range of 3380-3450. Want to track the movements of Ethereum and Bitcoin? $ETH $BTC can be followed at any time.