Coin Circle Liying: Expectations for 12.1 are rising! Ethereum’s rebound is coming! Market participants are active! Latest market analysis

Article release time 2024.12.1----01:45

Ethereum is currently priced at 3683, and the compensatory rise trend is as expected. 3700 shorts did not choose to enter the market because they were worried that the compensatory rise would continue, and they also missed the 3530 entry point before the compensatory rise. Liying seeks stability, and how to be stable, so it is not a pity to miss Liying. It is more of an expectation, expecting that Ethereum will reach an unprecedented height, so Liying’s belief is the highest point in history, which is all outside talk. Let’s look at the current market

Liying still analyzes the price trend. The K-line pattern fluctuates in the range of 3600 to 3700, forming a relatively stable oscillation range. On the 27th, a long positive line appeared, breaking through the previous high, accompanied by a large trading volume, showing a strong upward momentum. Technical indicators MACD: The current DIF and DEA are both positive and continue to rise. The MACD bar chart shows a bullish trend, but there are signs of weakening. Liying Ying suggests that everyone pay attention to subsequent changes

The relative strength index RSI is currently at 62.94, close to the overbought area, and may face correction pressure in the short term. The trend indicator EMA7 has crossed EMA30 and is far away from EMA120, indicating that the medium- and short-term trend is positive, but we need to be vigilant about the adjustment risk after excessive deviation from the long-term moving average. The trading volume has increased, especially during the big rise on the 27th, showing that market participants are active. As the price enters the oscillation range, the trading volume shrinks slightly, indicating that the market wait-and-see sentiment has increased, so Liying judges that the market will continue to consolidate at a high level, and then continue to stretch and break the previous high

Today's latest point reference

Go long at 3600, make up 3550, stop at 3500, target 3750

Short at 3750, make up 3800, stop at 3850, target 3600

The above analysis is based on the conclusions drawn by Liying based on market data and market trend analysis, and does not constitute investment advice. For family members' reference$ETH #以太坊行情分析