📣11/4 Ethereum market analysis and trading advice sharing：
Yesterday, based on the trend correction, we promptly notified to enter long positions near Ethereum 3050-3060, with target points: 3100-3140-3170. All target points have been reached, perfectly exiting with profit! Currently, the bullish trend is still ongoing....
From the four-hour Ethereum price trend analysis, the recent price has gradually rebounded from a low of 2799 to 3182, forming a clear bullish trend. The daily candlestick chart has consecutively closed bullish on December 3rd and 4th, but on December 4th, there was a slight pullback at the high, indicating increased pressure above. In the 4-hour cycle, both DIF and DEA are positive, and the MACD histogram is shortening, indicating that the upward momentum is weakening, which may lead to a phase of consolidation or adjustment. The RSI(14) is currently around 70, close to the overbought range, requiring caution for short-term pullback risks. The price is currently operating above EMA7, EMA30, and EMA120, with a clear bullish arrangement. EMA7 (3156) provides support for the price. The trading volume significantly increased from December 2nd to 3rd, accompanied by a rapid price rise, indicating strong capital push. The trading volume on December 4th shrank somewhat, showing that market sentiment is tending to be cautious, with increased selling pressure at high levels.
11/4 Ethereum trading advice sharing：
It is recommended to enter long positions near Ethereum 3130-3140, with target points: 3180-3220-3250.
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