Good morning everyone!

Ethereum Evening Order Strategy Sharing (11.25)

1. Ethereum continues to rebound, are we looking at 3900? No, no, what I want to say is to take it step by step, don't have too high expectations, just follow the market. Good evening everyone, I am Chen Changsheng. For those who followed the Ethereum long position, I hope you have benefited. Our target of 3520 has been reached, with 200 points in hand. I see many people wanting to chase the long for Ethereum, I want to say wait a bit longer, it's safer to wait for a pullback before chasing. You can refer to the 4-hour chart. The first resistance level is around 3560, and it's very likely that this level will not hold. Currently, the 4-hour K-line has six consecutive green candles, and the KDJ value is at 88. The bulls are currently very strong, and the Bollinger Bands are showing an opening state, so we will likely see another upward movement. So don't rush to short just because you missed the entry; it's better to avoid being too aggressive. The second resistance level is at 3650, which is a good entry point for a short position. Once Ethereum reaches this level, there will definitely be a 4-hour level pullback, meaning a natural drop after the rise. Our goal for the short position is to profit from this rise and subsequent drop!

2. Regarding the entry point, short positions should be entered around 3660-3690, targeting around 3300. Not much more to say, let’s get moving, family! 😎 $ETH