December 3rd, 9 AM ETH Trend Analysis

Naked K and Trading Volume: After a large decline on the daily chart, the price has returned to the pre-decline level with increased volume. The previous two days can be seen as abnormal movements, and the market has returned to its original trend, entering an adjustment phase after a volume increase. The 4-hour chart shows a bullish trend after a volume-backed pullback.

MACD: 1-hour death cross trend, in a correction phase after a large rise.

Bollinger Bands: The middle band on the daily chart is 2971. If the daily chart stabilizes above the middle band, the upper band at 3251 can be targeted. A pullback to the middle band on the 4-hour chart can be a buying opportunity.

Supply and Demand: The upper pressure range is 3028-3053 (those who shorted in this range have already made profits; a second short is not recommended after a strong short-term rise), 3122-3169. The lower support range is: 2780-2824, 2716-2746, 2620-2687.

Fibonacci: The pullback from 2718-3034 shows 0.236 at 2960, 0.382 at 2913, 0.5 at 2876, and 0.618 at 2839. Enter long during the pullback; enter at 0.236 for a slight advance, 0.382 for a stable approach, and 0.618 for a conservative entry, which offers the best risk-reward ratio and is the safest, though the hardest point to enter.

Moving Averages: Daily support at 2954, 2973; resistance at 3117. 4-hour support at 2990, 2949.

Venus Channel: 4-hour resistance at 3096-3147, 1-hour support at 2962-2982, resistance at 3111-3176.

Personal advice for reference only: The market movements of the day before yesterday and yesterday can be seen as intraday anomalies, and now it has returned to the original trend. The daily market is in a correction phase after a rise, and the short-term market is also in a correction after a large rise. The trend is slightly bullish; consider using the 15-minute Bollinger Bands to trade within a range, and follow the trend direction after it establishes.