#美国非农就业数据表现优于预期 November 26 Ethereum morning trend analysis

Ether has shown significant signs of retracement after approaching the previous high point area. When the price tested the key resistance zone of 2950-3000, the bulls clearly seemed to be struggling.

From the K-line pattern, yesterday's long upper shadow has already indicated the problem. The day before yesterday saw a surge of more than 100 points with increased volume, but there has been a pullback for two consecutive days, making the exhaustion of buying momentum almost evident. After a violent surge, the market naturally needs a process to digest the profit-taking.

Today, the focus is on the trend line between 2850 and 2870. If this level is lost, the lower 2800 round number is likely to be tested. The resistance above is still at 2950, and without accompanying trading volume, the probability of a breakout in the short term is low.

The current tug-of-war between bulls and bears is very intense, and the direction of the Federal Reserve's policies is not yet completely clear. In such a situation, chasing high risks is too great. It is better to wait for a pullback to stabilize before looking for opportunities to enter the market, which is more prudent.

Reference operation: Consider looking for shorting opportunities in the 2975-3000 range, aiming for targets at 2884 and 2850.

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