#数字货币市场回升 Brothers, pay attention! ETH is falling quite hard this time!

Let's talk about the broader environment first - global central banks have been too aggressive in this round of interest rate hikes and balance sheet reductions, directly draining liquidity. The clouds of economic recession have not dissipated, and funds are flocking to safe-haven assets. As for cryptocurrencies, which are highly volatile? Naturally, they have become a hard-hit area, and ETH is no exception in this round of sell-off.

The fundamentals are actually not that bad. After transitioning to PoS, the expectation of deflation is there, and the ecological advantages are indeed strong. But the problem is that we are currently in a bear market, on-chain interactions have decreased, and protocol revenue has dropped accordingly. Other public chains are watching closely, and regulatory policies are also fluctuating. Being optimistic in the long term is one thing, but the short-term pressure is another - these positive factors cannot temporarily support market sentiment.

The technical aspect is more straightforward. The trend has already deteriorated, and indicators are turning bearish one after another. Key support levels are being tested repeatedly, and until clear signs of a bottoming out are observed, the risk of a decline far exceeds the potential for a rebound.

What should I do about the operation?

**Short-term players**: You can wait for a rebound to the resistance area of 3000-3020. If it doesn't rise further, consider shorting, with a stop loss set above 3050 for safety. If it directly breaks through 2960 with volume? Then you can short with a small position, but don't go all in.

**Medium to Long-term Layout**: Don't rush to buy the dip now. Wait for the market sentiment to stabilize and for the technicals to give a confirmation signal. Focus on the key support level of 2850. If a daily bullish reversal pattern appears, along with a MACD divergence, then you can tentatively enter the market with small positions in batches.

There is one more thing - the inflation data from the United States and the statements from the Federal Reserve, these macro events could become catalysts for turning points at any time, so be sure to keep an eye on them.

Although the market is indeed a bit cold right now, opportunities will always come. Stay patient, control your positions, and wait for more certain signals to act.

ETH6.77%

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TeaTimeTrader

· 12-01 22:17

Waiting for 2850 again, I don't think we can wait for it anymore, buddy.

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SorryRugPulled

· 12-01 02:31

It's talking about technical analysis again. Brother, I stopped believing in this a long time ago. A fall is a fall, no need for flowery analysis. Wait, will 2850 really hold? I've already gone all in, now I can only wait for death. Sounds nice, but it's actually just waiting.

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IfIWereOnChain

· 12-01 02:31

It's that crazy dumping time again in the Bear Market, and ETH really breaks my heart this time. You can try shorting on a short-term rebound to around 3000, but you have to keep a steady mindset. Buy the dip at 2850, or else you're just catching a falling knife. Wait for the Fed's speech; it might just be the turning point.

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DataChief

· 12-01 02:17

Indeed, the Central Bank's recent play people for suckers has been too ruthless, and ETH simply can't hold on. --- So the key is still to wait for the line at 2850; breaking below that will be the real opportunity. --- Looking at the technicals, it's so bad that it's better not to make random moves in the short term; just wait for signals. --- It sounds like there are basically no issues on the fundamentals, but the market sentiment is just too terrible. --- If the Fed goes hawkish again, ETH will continue to die; this matter needs to be monitored closely. --- Those who go all in will be whipsawed; trying a small position is the way to go. --- Deflation expectations + strong ecosystem? These have long been reflected in the prices. --- Those buying the dip now are probably just catching the price on the way up; we need to see the bottom pattern confirmed. --- The resistance level at 3000 is really crucial; if it can't break through, it's time to run. --- Other public chains are indeed eating away at ETH's ecosystem; this is a long-term hidden danger.

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SerRugResistant

· 12-01 02:14

Is it this again? Those waiting for the bottom will never find it, those who went all in are long gone. --- I think the key support at 2850 is precarious, and it may fall further. --- Short-term players are just gamblers in disguise, it annoys me to watch. --- Macro catalysts? Sounds good, but it's just an excuse for being played for suckers. --- Buying the dip now is like buying halfway up the mountain, really. --- You’re optimistic for the long term, huh? Then just wait for three to five years. --- So what if PoS has changed? In the face of a bear market, it’s all for nothing. --- If 2960 breaks, it will drop straight to 2500, stop lying to yourself. --- What to do with the operations? I said, don’t do anything, just watch quietly. --- The market data is cold, but not cold enough. --- What’s the use of inflation data over there? We don’t have any say in it. --- What’s this about bottom divergence again? The indicators have been misleading for a long time.

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CryptoWageSlave

· 12-01 02:13

Wait, those who dare to buy the dip now are really brave, I'm still observing.

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ReverseFOMOguy

· 12-01 02:05

It fell again, and my stop loss was not cut at the right place.

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