3700 has no pressure at all, breaking 3800 and stabilizing to impact 4000.
币圈院士
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Bullish
Cryptocurrency Scholar: The rotation of the Ethereum sector has begun on December 1st, the bullish trend is gaining momentum again, and the future rise is limitless!
The current price of Ethereum is 3697, it is now 4:15 AM Beijing time. Yesterday, Ethereum 3550 effectively reminded everyone to get on board, with a target of ultimately 3700. How much profit did you secure from this 150-point gain? The sector rotation is not over yet, don't rush to exit completely; keep a portion of your base position to continue looking upwards. Newcomers may not know the power of sector rotation, but as an old hand in the cryptocurrency field, I have a deep understanding that this is not just an opportunity to turn things around, but a chance for a leap forward.
The daily K-line has a maximum of 3727 and a minimum of 3567, once again leading the cryptocurrency market. The EMA trend indicator for bulls is starting to open up, and the EMA15 has already reached 3390. The MACD is increasing in volume, with DIF and DEA spreading and stretching at a high level. The K-line has broken the upper Bollinger Band at 3705, oscillating upwards around the upper band. The KDJ shows a bullish trend, with an overall bullish trend in the ladder volume.
The neckline position of the four-hour K-line remains at 3530, but the short-term support EMA15 has reached 3630. The flag pattern indicator has also changed, and the embryonic form of the ascending triangle trend has already appeared. As the MACD increases in volume, both DIF and DEA are consolidating at a high level, and the top divergence trend is becoming increasingly serious. The Bollinger Band is contracting, and the upper band has also lost support at 3710, with the middle band support stretching to 3615 and the lower band support at 3525. The mindset remains a bullish trend, plus the sector rotation has just begun, so the main focus should be on buying on dips, and try to minimize short positions. Develop the habit of using stop-losses.
Short-term reference: Safety first; remember that market conditions are never 100% certain, so always use stop-losses. Safety first, small losses for big gains is the goal.
For the upper range of 3800 to 3850 short, with a stop at 3900 to 3950, stop-loss 50 points, target looking at 3700 to 3600, if broken look at 3500 to 3450.
For the lower range of 3500 to 3550 long, with a stop at 3400 to 3450, stop-loss 50 points, target looking at 3600 to 3650, if broken look at 3700 to 3750.
Don't forget, the darkest moment is often just before dawn. On the road to pursuing dreams, you are never alone; you still have me.
I am a warrior in the cryptocurrency field, always protecting the retail investors. I wish my fans to achieve financial freedom in 2024, let’s work hard together!
$ETH #以太坊行情分析 #ETH合约
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