Eth: multi head step vibration pull-up

Fundamental analysis:

Ethereum remained in the vicinity of 1820. Binan released the announcement on supporting the Ethereum merger plan. According to the announcement, Binan paid close attention to the merger plan expected to be conducted on the Ethereum network in the third quarter / fourth quarter of 2022, which may generate new fork tokens. Bi'An will support the Ethereum merger plan. If a new forked token is generated, Bi'An will evaluate and support the distribution and withdrawal of forked tokens.

Ethereum ethusd - 4-hour K-line diagram shows:

Technical analysis:

According to the 4-hour chart, the Bulls' power keeps moving upward in a step-by-step manner, the short-term high bullish sentiment is shrouded, the MACD index keeps moving upward in the Bulls' region, and the RSI index hovers at the 50 equilibrium online side;

Long and short turning point: 1820

Pressing position: 1875, 1918

Support position: 1779, 1739

Trading strategy: bullish above 1820, targets 1875 and 1918

Alternative strategy: 1820 bearish, target 1779, 1739