Ethereum price in the hacking area: 2 upside down hints star-news.press/wp

ETHEREUM has gained more than 68 % over the past three months, putting more in the short term in the profit. However, during the past week, the assets stopped – lost 4.7 % and trading an apartment in the past 24 hours.

This monotheism paid the price of ETHEREUM within a pattern of frequency where the bulls and bears battle for control. While these settings can be resolved in any of the two directions, the sequences of the chain indicate that the next step may prefer the upper direction.

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Measurement 1: Points of low profit supplying

The percentage of ETH supply in profit decreased from 98.4 % on August 26 to a local bottom of 92.7 % on September 1-its second peer in one month. Usually, these declines reflect the achievement of heavy profits. But as soon as the profit supply reaches the local bottoms, the ETH rose historically. For example, when the percentage decreased to 91.8 % earlier in August, ETH increased from $ 3,612 to $ 4,748 (over 31 %) in just eight days.

This decrease means that a wave of sellers may already be outside the market, leaving ETH with fewer profit sensitive holders who may be anxious. In other words, the severity of the sale is likely to weaken at a time when the ETHEREUM price is already standardized in the collapse area. This is an emerging sign.

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Stayer 2: Short -term holders accumulate despite the gains

The most surprising details are that the most vulnerable group to achieve profits-from its owners from one month to three months-add the offer. Its share increased from 10.9 % to 13 % in just two weeks, although ETH has achieved more than 20 % of the monthly gains and more than 68 % in three months.

This indicates that merchants who usually turn quickly accumulate, indicating more upward trend. Besides low -profit reading, Hodl waves find these paints a picture to lower the sale pressure and the hidden demand for ETH unification.

Hodl waves measure the distribution of cryptocurrency supplies according to the era of metal currencies held in the governor.

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Confirm the prices of ethereum and obv accumulation

On the graph, the ETH price is trading within a similar triangle with support near $ 4,211 and resistant at $ 4,386. While the price has made a decrease in its lowest levels during this monotheism, it has made the size of the balance (OBV) the lowest levels. OBV tracks whether the trading volume is dominated by buyers or sellers, and this difference indicates that accumulation continues under the surface.

The OBV scale confirms what we saw previously, while Hodl waves flourish.

The alignment of signals in ETHEREUM prices and its size strengthens the issue of bullish penetration.

A closure over $ 4,494 will open $ 4,669 as the next obstacle and $ 4,794 as an extended goal. The decrease of less than $ 4,211 will weaken the preparation, while $ 4,058 remains the deeper support if it takes the bears.