Today's cryptocurrency market is totally hot. Among them, ETH showed a particularly strong rise.
ETH soared after breaking through a record high of around $1,440, it has reached $1,500.
Behind this rise is the rise in the stock market, as the speculative demand that became a hot topic once settled down. The situation is in a risk-on mood.
ETH has started to rise in response to such a good trend. The most recent consciousness is the midline of the ascending parallel channel.
From the support of this middle line to the upper limit of parallel channels in early January this year, it has risen. If the movement is similar this time, it could rise to around $1,800.
While this week's market is risk-on, it seems necessary to have an image of the market price that can be played someday.