The market continues to fluctuate around the box, with the upper level near 53,000 and the lower level near 50,500. If it falls below, it will go to the next support near 49,000. There is a high probability that there will be no major correction in the short term. The rise is not over yet, and normal adjustments will be made. The Ethereum Cancun upgrade time is March 13th. The current Ethernet trend is a bit like the eve of the adoption of the big pie ETF. There may be a correction after the Ether Cancun upgrade is completed! The weekly level remains the same. It needs to move sideways to gain momentum before it can break through the previous high again.The daily level MACD fast and slow line is about to die. It is expected to turn into a golden cross immediately after the death cross. It will take some time. We retail investors must be patient. Gouzhuang likes impatient people the most. If the 60-day moving average can stand firm at the 4-hour level, then there will be a short-term rebound. This wave of market trends will look above 55,000. The next target for Ether is 3300. As Cancun is approaching the upgrade, 3500 may be touched. In terms of operation, there will be a callback. Don’t panic when buying the bottom, there is not much time left for us retail investors to buy the bottom at low prices!
