12/4 ETH Market Analysis

Clear driving factors: Last night's ADP non-farm data was negative, far below expectations, leading ETH to perform a pin bar wash to 3030 before quickly surging; in the early morning, Fuaska upgrade activation further pushed prices up.

Technical indicators show strength: the stop-loss signal expanded from the 1h to the 4h level, with a significant breakout from the Vegas channel on the 4h chart, key support shifting up to 3100, and daily resistance around 3500.

Trading strategy: On the 15min level (within 12/4), lightly enter with 2% at 3190 long, stabilize and add 5% at 3159 (abandon if broken), stop loss at 3130; defensive position at 3159 stabilize on the right side, stop loss as above. On the 1h level (until 12/5), enter 5% position at 3110 long, stop loss at 3070.

The above is only personal opinion and does not constitute investment advice. @招财阿宝 $ETH