11.26 Midday ETH Analysis
From the 4-hour chart, the short-term direction of the market is clearly bearish, and no clear signs of a bottom have been observed. The medium-term moving average support has been effectively broken, combined with the MACD forming a death cross below the zero axis, establishing a bearish pattern. If there is a short-term rebound, it should be viewed as an opportunity to short in line with the trend.
Operation suggestion near 2960-3000, target 2900-2850
ETHUSDT
Perp
3,114.82
+0.68%