Ethereum can "take over everything" and will not have a multi chain future

Fundamental analysis:

Ethereum kept shaking around 1837. Paul Brody, head of Ernst & Young's global blockchain, said he expected Ethereum to eventually "take over", although it has been facing competition from other smart contract blockchains, such as Solana, avalanche, Cardano and algorand. However, Brody said that Ethereum was the most reliable blockchain, although critics complained about the slow transaction speed and high cost of the blockchain.

Ethereum eth / usdt - 4-hour K-line diagram display:

Technical comments: maintain a narrow range of consolidation and weak translation in the Bollinger belt index channel for a long time, wait for the opportunity to enter, fall below the Bollinger belt index and go down the track to the node near 1729, and the short-term short downward power may continue. The node near the low 1701 in the early stage is close at hand, the breaking position is imminent, the MACD index is below the 0 axis, the short area remains weak downward, and the RSI index is below the 50 equilibrium line;

Long short turning point: 1875

Pressing position: 1964, 2053

Support position: 1741, 1648

Trading strategy: bearish below 1875, targets 1741 and 1648

Alternative strategy: bullish above 1875, targets 1964 and 2053

The above analysis is a personal point of view and is for reference only.