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11.28 Ethereum (ETH) market analysis reference:


ETH started a rally early yesterday morning, with bullish momentum continuing to release. The daily chart shows a pattern of five consecutive small bullish candles, with the price peaking at the 3070 level, but has not continued to test higher during the day. The 4-hour chart indicates that the current price is consolidating around 3040, successfully stabilizing above the support zone formed by EMA7 (3018) and EMA30 (2950), with the bullish "double bottom rebound" pattern beginning to emerge; however, the EMA120 (3119) above is providing strong resistance, and after a doji star appeared near the upper band, a pullback occurred. Regarding the MACD indicator, the fast and slow lines are maintaining above the 0 axis, with no signs of a downward turn, and the MACD value remains positive, but the histogram is showing a gradually narrowing trend. Overall, the short-term market is in a mildly bullish consolidation pattern: if it can stabilize above the key level of 3050, it is likely to challenge the resistance level at 3120; if it breaks below the support at 2980, it may further test the 2930 level.
Dolan: Look for a range around 2970-2990 for the second pancake, with a target upward of 3050-3100.
Kongzhan: Near 3080-3120 for the second pancake, target looking down at 2950-2990#十二月降息预测 #加密市场回暖 $ETH
ETH-1.95%
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