Ether is the overall market analysis

The highest point was reduced to $2,700, and we pay attention to this point. In the weekly analysis of Ether, Ethereum is less sluggish than Bitcoin and may experience a wave of catch-ups, which will then affect Bitcoin. The upper limit of the order imbalance zone is roughly around $2,700, and it is recommended to reduce positions at this high level and set a capital protection of $2,550. At this moment, Ether is facing the upper imbalance zone, and there is a Market Maker, which tends to consolidate. In the short term, consider whether there is an opportunity for short-term bullishness. If Ether forms a double bottom at 0.618, it forms support around $2,400 and breaks through, potentially rising to around $2,538. This is the point of view in the short term. For the medium to long term, if the price of Bitcoin falls below $40,000, it could cause many AltCoins to fall instantaneously in the short term. Please be careful.<video src=“https://img.gateio.im/social/moments-3fb88ef454-4a994cff07-312351-96a3be-0” controls=“”></video>