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November 25 Market Analysis by Laobiao
The market has shaken off the low liquidity seen over the weekend, with technical indicators showing a daily-level rebound. If favorable news follows, there is still room for upward movement. As mentioned before, after ETH drops more than 1,500 points, there is usually a rebound of around 500 points. We just need to choose the right time to open positions. There are still opportunities in the current market, so let’s keep waiting for the right moment...
Trading suggestion for today: Mainly observe and wait
ETH first support level: 2880, second support level: 2830
First resistance level: 3050, second resistance level: 3145
Note: These are personal suggestions for reference only and do not constitute trading advice. Trading carries risks; always set stop-loss orders.