11.25 Tuesday Jingwen Ether ideas

The current Ether price is 2925, with a daily increase of 4.28%. The position amount has reached 5.515 billion USD, and the transaction volume is 17.14 billion USD. The price has continued to rebound from the low point of 2620 on November 22, showing an overall strong oscillation pattern. Bulls are gradually pushing the price to test key resistance levels, and the short-term market sentiment is relatively bullish.

The MACD indicator shows that the DIF has crossed above the DEA, and the MACD histogram is positive, indicating that bullish momentum continues to be released, and the short-term upward trend remains unchanged. Recent volume provides certain support for the rebound, showing a high level of participation from funds during the rebound process.

Long strategy
Buy on a pullback near the middle band of the Bollinger Bands around 2880, or gradually accumulate on dips near 2850, with a stop loss below 2700. The first target is 3010, and the second target is near the previous high of 3170.

Short selling strategy
If it touches the upper track near 3012 and faces pressure, or if it rises to around 3050 and shows signs of stagnation, then layout accordingly, with a defense above 3080. The first target is 2880, and the second target is 2750#Gate广场圣诞送温暖 #非农数据超预期 #反弹币种推荐 #ETH .