There was little volatility in the market last week. The prices of many tokens acting like a horizontal line. After the release of CPI and FOMC, there are no major economic indicators and meetings last week, which makes both bulls and bears lose momentum again. There are still no major economic indicators released this week. With the arrival of Christmas and New Year, people are enjoying the holidays. The fluctuation will remain.
Finally, we wish you all a Merry Christmas and a Happy New Year.
Like most tokens in the market, ETH also entered a narrow range. All candles last week had short real bodies and volume was much lower than in previous weeks. The bulls and the bears seem to be enjoying the holidays, and volatility has dropped rapidly.
Conclusion: Mostly fluctuation. Consistent with the conclusion of BTC, the fluctuation will be maintained. We retain last week's resistance level at 1330 and support level at 1160.
If you have any ideas, welcome to communicate with us:)
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Finally, we wish you all a Merry Christmas and a Happy New Year.
Like most tokens in the market, ETH also entered a narrow range. All candles last week had short real bodies and volume was much lower than in previous weeks. The bulls and the bears seem to be enjoying the holidays, and volatility has dropped rapidly.
Conclusion: Mostly fluctuation. Consistent with the conclusion of BTC, the fluctuation will be maintained. We retain last week's resistance level at 1330 and support level at 1160.
If you have any ideas, welcome to communicate with us:)
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
