11-26 $ETH Midnight View

Currently around ETH2890, with a slight increase of about -2.18% during the day. The overall trend is in a recovery phase after a short-term decline, stabilizing in the 2850–2880 range after a series of pullbacks, and is currently in an attempt to rebound, but the pressure above remains significant.

BOLL: The upper band is at 3014, the middle band is at 2896, and the lower band is at 2780; the K-line is currently oscillating near the middle band of the Bollinger Bands, which are slightly narrowing overall, indicating that market volatility is decreasing, and the market is currently in a critical stage of 'choosing direction'. If it can break above the middle band and stabilize in the 2910–2920 range, there is a potential rebound space to 2960–2980; if it falls below the middle band (below 2880), it will test down to 2820–2780 again. MACD: DIF = 4.46 DEA = 10.26 MACD = -11.61 (green bars shorten) MACD death cross but the green bars have noticeably shortened, indicating a weakening of bearish momentum. If DIF crosses above DEA afterward, it will form a short-term rebound signal.

Long Position

Entry Point: 2855–2875

Target: 2930–2970

Stop Loss: If it falls below 2835, consider exiting directly.

Short Position

Entry Point: 2945–2975, resistance encountered on the pullback

Target: 2895–2860

Stop Loss: If it breaks out significantly above 2995, consider stopping loss and exiting.

ETH is currently in an oscillating recovery phase,

Bearish momentum is weakening but the pressure above is quite heavy.

Trading Suggestions:

Range-bound oscillation pattern, long at lows and short at highs, quick in and out, control of positions and stop-loss.