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The Ethereum Pectra upgrade goes live on May 7, bringing improved account features, better validator experience, and L2 support. Will it boost ETH’s price? Share your thoughts, predictions, and trading strategy with #Ethereum Pectra Upgrade# for a chance to win $50!
⏰ Event Time: May 6, 4:00 AM - May 7, 4:00 AM (UTC)
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Intraday analysis on January 17th
From the CPI data on Wednesday, the currency circle has ushered in a big rise, and the big cake has already stood above 100,000. As the leader of the cottage, Ethereum has been depressed and has not outperformed the market. The US stock market opened high and closed low yesterday, coupled with the California wildfires, the economic situation in the beautiful country is still very severe. The currency circle also has back-and-forth big fluctuations, and the situation is still not optimistic, especially today, the weekend, be alert to the large-scale callback, but with the blessing of the positive news of the country, the overall situation is still bullish, and the callback is an opportunity for you to build positions. When others are greedy, I am fearful, and when others are fearful, I am greedy.
Intraday reference point
Pie: aggressively long near 97800, steady long near 96500;
ETH: Long near aggressive 3250, long near conservative 3180;
No empty positions available, the above positions are for reference only. Based on these positions, entering the market will result in profits or losses at your own risk. BTC stop loss is around 800 points, ETH stop loss is around 35 points. It is recommended to enter the market in batches.