11.24 Ethereum Market Analysis and Strategy



After finding strong support around 2763, the price rebounded and is now stabilizing above 2850. In the short term, it faces resistance in the 2854-2865 range and is generally showing a consolidation pattern.

Key Indicators
MACD: Bearish momentum is weakening on the daily chart; 1-hour chart is oscillating.
RSI: Daily at 32.5, moving out of oversold territory; 1-hour at 59.2, running healthily.
Moving Averages: EMA7(2821.5) provides support, EMA120(2865.2) acts as resistance.

Trading Recommendations
Long: Light position near 2800, add at 2750, stop loss at 2725.
Short: Reduce position near 2865, exit at 2900, stop loss at 2925.

Focus on whether the 2865 resistance can be broken, as this will determine the direction of the subsequent trend.
#ETH价格走势解读
ETH5,35%
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