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Points
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Futures
Futures
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HOT
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NEW
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NEW
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HOT
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20 USDT
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12.27 $ETH Market Analysis
The double bottom surged towards the 3000 price level on the 1-hour chart, followed by a correction. There is significant selling pressure around 3000, but support around 2890 remains strong. Currently, the market is in a sideways consolidation phase. From a technical perspective, the MACD shows signs of forming a golden cross, indicating that a bullish move is likely to follow.
For trading, it is recommended to operate within 2910-2890.
Target range: 2990-3020.
$ETH