#ETH走势分析

November 26th Ethereum Trend Explanation and Intraday Analysis:

ETH: Currently, Ethereum is in the corrective rebound phase after the first wave of stopping the decline, with four consecutive bullish candles, but the trading volume is significantly insufficient. At the same time, the candlestick body is relatively small, belonging to a structural repair of "weak rebound, strong pressure," and the trend has not yet reversed. The short-term moving average MA7 has been broken and has narrowed, but the medium-term moving averages (MA14/30/90) all maintain a downward divergence, indicating that the short-term market is rebounding while the medium-term maintains a bearish trend. Currently, the MA14 (2980) moving average is pressing down on the price rebound, and this position corresponds to the defensive line that was repeatedly tested in the middle of the month, possessing certain selling pressure. The trading volume during the rebound is noticeably low, a typical weak rebound + funds on the sidelines, with the rebound relying solely on short-term trading and the retail investors' power of buying at low prices. The MACD indicator has formed a golden cross, and the bars have turned positive, representing the initial shape of a rebound after an oversold condition. In the subsequent market, focus on the strong resistance at the 3120 level in the next 1-3 days, and pay attention to the defensive line at the 2750 level during pullbacks, waiting for the market to show a breakout signal with increased volume. For intraday operations, focus on the support at the 2900-2850 position for rebound opportunities, and pay attention to the pressure at the 2950-3000 point position above.