This article is only for personal market views and does not constitute investment advice. If you operate according to this, you are responsible for your own gains and losses.

Beijing trader: On-chain data user, trend trader.

Today I looked at the exchange rate of Ethereum. From a weekly perspective, it has reached the support line since 2016.

Looking at it locally, the current exchange rate is slightly higher than the bottom in June 2022, when there was panic, so ETH and its exchange rate both hit a low. Looking at the exchange rate pattern from May 2021 to now, it also looks like a double top formation. I believe it shouldn't fall below here, otherwise it would be too brutal.

From a recent perspective, the exchange rate has been hovering for 2 and a half months, not hitting a new low, and the indicators continue to diverge. So the current ETH exchange rate is very advantageous. I believe that the exchange rate of Ethereum is bottoming out and has been bottoming out for two months. Ethereum is a coin that goes crazy when it goes crazy, and the cost-effectiveness of the current exchange rate is quite high, worth paying attention to.

Follow me and earn maximum trend profits with minimal operations.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。