11.19

The recent rebound of the second pancake caught everyone off guard! After holding steady at 2940 yesterday, Ethereum surged directly to around 3170, easily breaking the middle line of the Bollinger Bands, with nearly 200 points of profit secured!

With the upper band on the 4-hour chart and the middle line on the daily chart both providing dual resistance, breaking through all at once will not be easy.

The MACD golden cross continues to maintain momentum, but the KDJ is showing overbought warnings, so we must be cautious of the risk of a pullback!

Operation suggestion: Buy on the dip around 3000-3050, targeting 3150-3250! $ETH

ETHUSDT

Perp

3,157.35

+1.62%