Market‘s long and short energy are strong
In the chart, we can see that ETH has suffered strong resistance from 1716, which has been deadlocked for three days in the position of 1716. From the strong resistance, we can tell that the energy of the shorts above is very strong, so I think the price of ETH will fall to the support level of 1641 in the next two days. At present, the market long and short energy are very strong, but it can be seen from MACD that short energy has a short-term advantage.
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