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FTX surpasses coinbase to become the second largest centralized cryptocurrency exchange

2022-06-02
1203
Fundamental analysis:

Ethereum maintained a shock around 1786. According to the data compiled by the block research, FTX surpassed coinbase as the second largest centralized cryptocurrency exchange in terms of market share in May this year.


Ethereum ethusdt - 4-hour K-line diagram display:




Technical comments: the short power maintained a concussion and decline. After arriving at the nodes near the brin zone index, the short power continued to decline. The brin zone index showed a closing and moving trend. The MACD index was in a weak position near the 0 axis, and the RSI index was below the 50 equilibrium line to maintain a concussion and decline;


Long short turning point: 1827


Pressing position: 1802, 2014


Support position: 1700, 1630


Trading strategy: 1827 down bearish, target 1700, 1630


Alternative strategy: bullish above 1827, target 1802, 2014


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

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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