Dear coin friends, I am Zhao Gongming. ETH is hovering around 3020, neither going up nor down. Are you also feeling anxious while waiting? Stop guessing, follow Zhao Gongming, and I will guide you through the 'silent battle' between the bulls and bears behind this.
News: A cold wind blows from the macroeconomic front.
This morning, a Federal Reserve official with voting rights for next year suddenly 'hawkish', saying that inflation is still a major issue and interest rates should remain frozen until next spring. This translates to: expectations for interest rate cuts need to cool down, and the 'water' in the market will not increase temporarily. This is a short-term emotional suppression for all risk assets, including ETH.
Technical aspect: Stuck in the middle, signals are very 'split'
Looking at the 1-hour chart, ETH is still in a period of oscillation recovery after a decline, and the current position is quite awkward:
Key resistance above: 3100 (strong resistance area, breakthrough is needed to open up space)
Key below: 3000 (psychological barrier, cannot break), 2930 (important support)
Technical indicators show 'strong buy', MACD is golden cross above the 0 axis, looking very strong. However! The energy bars are shrinking, which is a typical 'momentum divergence'—the price hasn’t fallen, but the strength of the rise is weakening. This indicates that the bulls are a bit weak and need new strength to push up. If Zhao Gongming's technical analysis helps you see this hidden risk, please follow me closely, and we will keep an eye on the change.
Zhao Gongming's views and operational suggestions
Zhao Gongming's judgment is: Under the contradiction of macro pressure and the main force's 'paper long', ETH is very likely to continue to fluctuate narrowly between 3000-3100 tonight, and the probability of a unilateral market is low.
Position suggestion: It is recommended to hold patiently, but set 3000 points as the final defense line. If it does not break, hold on. If it rebounds to the 3080-3100 pressure area, consider reducing positions and wait for a clear direction.
Suggestion to watch: Two more stable order positions: one is to patiently wait for a pullback to the 3010-3000 range to lightly position long orders; the second is if it breaks through 3100 with volume and stabilizes, consider following up near 3080 on the pullback. Remember, in the current market, buying low-priced chips is more important than anything else.
Key action point: If it stands firm at 3100 with volume, the short-term target can be seen at 3150-3200; if it effectively breaks below 3000, it may quickly test the 2930 support.
The market is always testing your patience. When everyone is focused on the fluctuations of the market, smart people are observing the true intentions of the main funds. If you also find it too torturous to just look at prices and can't understand what the main force is trying to do, you are welcome to follow Zhao Gongming. I will interpret the tug-of-war between long and short funds and key points in real-time within the circle, helping you see the essence through the phenomenon.#ETH走势分析 #美国非农数据超预期
