📣11/5 Ethereum market trend analysis and trading advice sharing:
Yesterday, Ethereum long positions made profits again, and although there was a pullback in Ethereum, the current trend will likely test the 3250 position.
From the four-hour Ethereum price trend analysis, the K-line recently rose rapidly from the low point of 2805 on December 2 to the high point of 3214 on December 3, forming a strong upward trend. However, it then encountered resistance and retraced above 3200. The current K-line shows a state of oscillation and consolidation, with a small bearish candle appearing at high levels, indicating a temporary balance of bullish and bearish forces. The current DIF and DEA are gradually converging, with red bars shortening, showing a weakening of upward momentum and a need for adjustment. The RSI14 value is 57, which is in a neutral to strong area but has not entered the overbought zone, and it may continue to oscillate in the short term. EMA7 (3146) and EMA30 (3069) maintain a bullish arrangement, and the price is running below EMA7, indicating a potential test of support in the short term. The volume from December 2 to December 3 was significantly increased, accompanied by a sharp rise in price, indicating strong capital push. The trading volume has shrunk in recent cycles, and market sentiment is tending to be cautious.
11/5 Evening Ethereum trading advice sharing:
It is recommended to enter long positions around 3120-3100 for Ethereum, target levels: 3170-3200-3240.
Market conditions change rapidly, and the article is effective, providing real-time strategy guidance for free!

