Ethereum market analysis reference for the early morning of December 3

(For reference only, not investment advice)

Yesterday's market had a fast-killing market, with a relatively fierce rhythm, basically in the expected market. It is recommended that short orders are effective at 3760-3770, and ambush long orders at 3575-3585, and they are also successfully on the train🚗. The winning rate is relatively high, I am too lazy to count, "Three words win numb" has only lost 1 order so far, and it is still a cost loss (less than 10 points stop loss for one order).

Pay attention to the two positions of 3655 and 3671 in the 1-4 hour market. If it does not break 3655 in 1 hour, the trend is bullish, and if it stands firm at 3671 in 4 hours, it is a resonance bullish trend. There is a high probability that there will be a wave of bullish market.

If it falls below 3655, it is bearish, just pay attention to the support level.

If it stabilizes near 3610-3618 in 1 hour, you can short it. 3570 is still a strong support area, and we will still focus on it to see if there is a chance to come back. If it falls back for the second time, we will pay attention to the volume and whether the support is effective. If it is effective, we will not talk nonsense, just go in and buy more.

Support level 3615-3570-3530

Pressure level 3671-3735-3775

Daily support 3495-3490

Daily pressure 3680, 3865-3870

Trading requires long-term persistence, and we must have our own trading logic. We must not operate blindly, insist on reviewing and summarizing, and be good at finding patterns. I believe that the next big boss will be you! Come on, everyone! $ETH