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In May, Ethereum domain name service ENS generated US $9.6 million in agreement revenue
2022-06-03
1260
Fundamental analysis:
Ethereum maintained a shock around 1817, and the Ethereum domain name service ENS increased 36.5 new entries in May Eth domain name registration, the total number of domain names reached 1.36 million. In addition, in May, a total of US $9.6 million of agreement revenue was generated, and the transaction volume on opensea reached 10500eth.
Ethereum ethusdt - 4-hour K-line diagram display:
Technical comments: the nodes in the upper and lower rail sections maintained in the Bollinger belt index channel fluctuated for a long time. During this period, the nodes in the upper and lower rail sections were spied back and forth for many times. The short-term bull power began to move up weakly. The MACD index was maintained at the lower side of the 0 axis, and the RSI index was at the lower side of the 50 equilibrium line;
Long short turning point: 1786
Pressing position: 1902, 2014
Support position: 1700, 1630
Trading strategy: upward bullish in 1786, target 1902 and 2014
Alternative strategy: down in 1786, targets 1700 and 1630
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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