Crypto Circle Scholar: The Ethereum trend on December 4th has not broken; the bullish scenario is still valid and can be held. Be patient and wait for the bullish counterattack!
The current price of Ethereum is 3581, and it is 4:20 AM Beijing time. Yesterday, I entered at 3560, clarifying the real-time thinking. If the previous high is not broken, take profits. The previous high of 3680 was not broken, with the highest point at 3675, and it closed below the short-term neck level of 3650, taking 90 points. After the pullback broke the previous low and clarified the support at 3500, I entered the market at 3520 and am currently holding. Everyone can take this as a reference.
The daily K-line has closed in the red for two consecutive days, and it is not far from the EMA15 trend support at 3475. The EMA trend indicator remains upward, but the K-line has broken the significant neck level of 3580. Currently, there is a long lower shadow. The MACD volume has decreased, and the DIF and DEA are contracting downward from a high position. If the daily K-line opens and continues to decline today, it is likely to form support on the rising trend line. The Bollinger Bands are still opening upward, with the upper resistance at 3830 and the middle support reference at 3370.
The four-hour K-line has fallen into the EMA trend indicator, with the resistance above at the intersection point of EMA15 and 30 at 3620. The MACD has reduced volume and increased positions, while the DIF and DEA have started to break below the 0 axis. The Bollinger Bands' lower support is at 3560, and the K-line has already broken it once, showing clear support in the short term. It is expected to impact the standard 3655. The middle track can determine whether the bulls will take profits. The market has reached the key support near 3500 and has entered the trading range. Don't hesitate; enter the market, ensure proper defense, and set stop-loss levels. If wrong, take a small loss; if right, congratulations to everyone.
Short-term reference: Safety first. Remember, there is no 100% certainty in the market, so always ensure good stop-loss measures. Small losses with large gains are the goal.
Above, short from 3650 to 3700, with defense at 3750, stop-loss at 50 points, target at 3600 to 3550, breaking at 3500.
Below, long from 3500 to 3530, with defense at 3470, stop-loss at 50 points, target at 3600 to 3650, breaking at 3700.
Don't forget, the darkest hour is often just before dawn. On the road to pursuing dreams, you are never alone; you still have me.
I am a scholar in the crypto circle, a warrior always protecting the retail investors. I wish my fans financial freedom in 2024. Let's work hard together! $ETH #以太坊行情分析 #ETH合约波段