11-26 Afternoon Insights
Currently at $ETH ETH2940, the intraday decline is approximately -0.61%. Structurally, after ETH retraced from the previous high of 2986 to around 2900, it has stabilized and is currently fluctuating around the mid-track, in the phase of 'sideways consolidation + oscillation repair.' The market is in a short-term stalemate between bulls and bears, waiting for a directional breakout confirmation.
BOLL: The upper band is at 2977, the middle band is at 2923, and the lower band is at 2871; the Bollinger Bands show a significant narrowing, indicating that the market has entered a consolidation zone. The K-line is slightly consolidating above the middle band, showing stable support. If it can maintain stability around the middle band and break through the upper band of 2977, it will open up further upside space; conversely, if it breaks below the middle band of 2920, it may retest the 2870 support in the short term.
MACD: DIF = 12.18 DEA = 13.51 MACD = -2.66 (green bar shortens) MACD is still in a death cross state, but the green bar continues to shorten, indicating a weakening of bearish momentum. If DIF crosses above DEA to form a golden cross, it will confirm a new round of rebound signals.
Long Position
Entry Point: 2915 – 2925
Target: 2960–2985
Stop Loss: If it breaks below 2895, consider exiting directly.
Short Position
Entry Point: 2960 – 2975 resistance encountered on pullback
Target: 2925–2925
Stop Loss: If it breaks out above 2990, consider exiting.
ETH is currently in a consolidation phase,
MACD green bar shortens, KDJ turns upwards from a low position, indicating a weakening of downward momentum, and a rebound is brewing.
Operational Suggestions:
If it pulls back to 2915–2925 and holds, consider a light long position, targeting 2960–2980;
If it encounters resistance at 2960–2975 on a rebound, consider a short position looking back to 2920;
If it breaks out above 2988 and stabilizes, consider switching to a swing long strategy. In a range-bound oscillation pattern, buy low and sell high, quick entries and exits, while controlling position size and stop losses.
Main Idea: Range-bound oscillation, buy low and sell high, clear defense.
Follow Kun Ge to grasp the trend, and if you want more operational points, leave a message in the comment section below!
