ETHEREUM is currently being combined less than a large resistance area after its rejection at the $ 1850 area. While the price carries a relatively stable, the momentum weakens.
Open attention and financing data indicate cautious optimism, but the upcoming continuation depends on buyers who defend the main levels in the short term.
Technical analysis
Daily chart
After the above -mentioned rejection in the show area, the ETH stopped in the Tawhid area with a decrease in momentum. The price is still besieged less than the 100 -day and 200 -day moving averages, which continue to be down, indicating the landing macro brown.
The last gathering was from 1500 dollars strong, but it lacks follow -up, and the price failed to close over the $ 1900 region. If the ETH is lost the axis of $ 1700, the following main support sits about 1500 thousand dollars, which was the previous reflection base.
The graph for 4 hours
The local structure has evolved into an upward channel, where the price has now decreased towards its lower borders after its failure to break the 1800 -dollar resistance area.
Rejection from the upper limit of the channel and the wrong collapse over the resistance led to a sharp decline, indicating the exhaustion of Jupiter. Now, ETH re -testing the previous demand for about $ 1,740, and if it is collapsing, it may expect a rapid decrease towards the level of $ 1500.
Feelings Analysis
The financing rates remain often neutral, with a slight positive bias through the stock exchanges. This reflects the lack of a long aggressive exposure, which is healthy in future gatherings but does not indicate an immediate emerging condemnation.
The open interest has increased slightly over the past few days, indicating the renewal of participation, but it is still far from the exhausted levels. As long as the open benefits are built while the prices are pressing, there is a greater danger than the liquidation event unless the buyers interfere with force.
On the other hand, the current ETH financing structure indicates that most participants are still waiting for the margin. The absence of long or short deviant websites indicates that the market is in a balance, but is subject to rapid shifts.
If the original continues to hover under the resistance, the aggressive traders may start fading the long settings, which leads to declining pressure. However, any sudden interruption over the $ 1900 region can hold the market out of guarding, leading to a wave of short coverage. Until then, the feelings remain neutral with caution with a slight, short -term mile.
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