Ether has been oscillating recently, facing multiple resistances near 3020, with the 3000 mark becoming a key short-term support. After a quick rise to 3070 yesterday, it swiftly fell back, forming a clear upper shadow and a solid bearish candle, indicating heavy selling pressure above and insufficient bullish momentum. Currently, the key support to focus on is the 3000-point level. If it is lost, it may drop to the 2950-2980 range. The 3050-3070 area above forms strong resistance, and a significant volume breakthrough is needed to open up rebound space. The short-term trend is bearish, and the divergence between bulls and bears is increasing. Operational advice: A rebound to around 3040-3050 can be a good opportunity to short with a light position. If the 3000 level holds, then it may be a good chance to accumulate positions. Pay attention to strict stop-loss and control risk.
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11-28 Ether Morning Strategy: 3000 Level Bull-Bear Showdown
Ether has been oscillating recently, facing multiple resistances near 3020, with the 3000 mark becoming a key short-term support. After a quick rise to 3070 yesterday, it swiftly fell back, forming a clear upper shadow and a solid bearish candle, indicating heavy selling pressure above and insufficient bullish momentum.
Currently, the key support to focus on is the 3000-point level. If it is lost, it may drop to the 2950-2980 range. The 3050-3070 area above forms strong resistance, and a significant volume breakthrough is needed to open up rebound space. The short-term trend is bearish, and the divergence between bulls and bears is increasing.
Operational advice: A rebound to around 3040-3050 can be a good opportunity to short with a light position. If the 3000 level holds, then it may be a good chance to accumulate positions. Pay attention to strict stop-loss and control risk.