Ethereum Technical Analysis 02-28-21

Ethereum opens at $1.5K and goes flat around to $1.2K and stable around $1.3K. The average transaction fee is $11.47 which is 22.76% decrease from 02-27-21. Ideally, gas fee should below $10 and build up for another raise toward $2K.

Ethereum decreases its correlation with Dollar indicates that it becomes a offense position ⚔️. The price may fluctuate less in the coming day with price toward mid-level. However, it was relatively stable.