On August 17th, the ETA rose by about 2 per cent, repositioned at $1900, and the focus of the market returned to 2000 dollars. The current rebound, on the one hand, comes from a buy-in of $1870 and, on the other hand, is related to the concentration of empty space above, which could trigger a passive flat.

Back on the short-term average.

ETH made a one-time dive of $1872 and then rebounded to the vicinity of $1915 and the Times $1912. Since the fall near $1530 at the end of June, prices have increased at a lower rate overall, but there have been repeated sales pressures in the 1930s to 1960s.

At the solar-line level, ETH has been collected above the average of 20, 50 and 100 days, corresponding to approximately $1889, $1845 and $1869. RSI rises to 56.5, showing improvements in short-line kinetic energy, but prices are still below $200 per day average of US$ 2009, indicating that the more critical test remains above US$ 2000.

Repressure of $125 to 1950

The CoinGlass liquidation heat of a week seeks to show that the most recent leverage-intensive area above ETH is in the vicinity of US$ 1925, with a stronger section between 1945 and 1950 dollars, and liquidity extending to 1960 dollars. If the price continues to rise, some of the empty silos may be passively flat, further widening the purchase.

Below, there is an apparent risk zone near US$ 1860, with a wider clearance zone between US$ 1835 and US$ 1855. If ETH again loses $1870, the price may be pulled to this area and triggers more than one square.

$2,000 is still a watershed.

Tom Lee, co-founder of Fundstrat and President of Bitmine, shared a graphic view of the analyst MacroCRG. According to the latter, the ETH distance from the dayline is approximately 3.5 per cent of the balanced cloud area, which could be considered a clearer signal of a breakthrough if it were to be effective. According to current prices, the area is roughly in the vicinity of US$ 1980 and close to the US$ 2000 mental level and 200-day average.

According to analysts Michaël van de Poppe, the ETH dayline structure is improving, with elevated and low points, and therefore more likely to break. But he also suggests that if the US$ 1870 falls, the price may quickly fall around US$ 1700; if the US$ 2,000 is effectively broken, US$ 2,200 may become a phased target before the opportunity to look further at US$ 2800.

ETF funds are still not being followed up.

SoSoValue data show that during the week of August 10-14, the U.S. F. ETF net outflow of $2.26 million. Of this amount, Belet ETHA was out of the country by $16.39 million a week, indicating that the round price rebound was not clearly supported by United States ETF funds.