The current market has finally reversed, with ETFs starting to see positive inflows and institutions gradually increasing their holdings. Ethereum has reached a key resistance level near 2980-3000, which is also the profit-taking level mentioned by Sweetheart last night. The current mainstream recommendation is to short at high positions during the day and stabilize and buy after the opening of the U.S. stock market at night. This is different from the previous market where funds would quickly exit right after opening. Attention to altcoins: $MON , $HANA , $币安人生

Tonight, the market will completely reverse, and it is also the last opportunity for retail investors to enter!
With several Federal Reserve officials making dovish statements, and supporting the interest rate cut in December due to a weakening labor market 【the current probability has reached 82.7%】, the market environment has finally reversed to bullish.
Additionally, Ethereum has core positive news: the "Fusaka" upgrade on December 4, spot ETFs starting to flow in positively, U.S. regulators approving banks to hold Ethereum, and whales continuously accumulating recently. These positive factors lay a foundation for future confidence.

Tonight's data, along with the opening of the U.S. stock market, will directly welcome a reversal, and given that the current position is at the bottom of the range, any mainstream coins are suitable for bottom-fishing. Therefore, long positions can be taken at the current price: SOL, ETH.

Ethereum operation suggestion: The strongest daily support level is around 2850, with resistance near 3000. If it can break through the resistance and stabilize, the second target is 3090-3250.
#加密市场回调