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On January 1st, ETH monthly MACD shows a death cross on the weekly level.
Currently, the market is supported by the 3-day moving average at 288, with the 2-day moving average suppressed by EMA288.
The 1-day chart indicates an effective bottom at the time level; yesterday's attempt to break through the 12-hour EMA failed.
At the medium time level, 2, 3, 4, and 6 hours are above the EMA and MACD zero line.
Pay special attention to the time around January 5th, 12th/13th.
Resistance levels above: 3024, 3058, 3132.
Support levels below: 2949, 2902, 2885.
ETH long-short ratio: 1.79. Panic index: 31.
No pattern, no action; do not place orders without stop-loss.
(The above content is for reference only and does not constitute any investment advice.)