To be honest, this rebound of Ethereum is quite tepid, but when it pulls back, you can directly buy long.
First, let's look at the four-hour chart. A reversal structure of two bearish candles sandwiching one bullish candle has formed, with the price climbing along the moving averages. The key point is that the volume is clearly increasing—capital is continuously entering the market. After the MACD golden cross below the zero line, it has been diverging upwards, with each red bar thicker than the last. The bulls have already taken the initiative.
Switching to the one-hour timeframe. We are now entering a short-term adjustment: the price has retreated after hitting the previous high resistance level, and the three lines of the Bollinger Bands are converging towards the middle, indicating a strong flavor of oscillation and consolidation. The RSI is moving horizontally in the neutral zone between 50 and 60, not going up or down.
This kind of adjustment with a divergence between volume and price is actually quite normal. When the trend is going up, it needs a breather, and both long and short sides will re-enter a game to find balance, which is part of the accumulation phase.
In operation, if Ethereum pulls back to the range of 2960-2900, you can lay out a long position. The initial target is 3070, and if it breaks through, then aim for 3100.
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LiquidityOracle
· 11-30 19:51
Warm bounce? That's just right, I need to increase the position when it pulls back to around 2900, after the hourly adjustment it should be To da moon.
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nft_widow
· 11-30 11:40
What's up with the sluggish rebound? I'm just afraid it will suddenly take off. Can it really hold at this hurdle of 2900?
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ReverseTradingGuru
· 11-29 07:00
A slow rebound is still a rebound; the area around 2900 is indeed worth defending. It all depends on whether it can really build up strength to break through 3100.
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RamenStacker
· 11-28 00:21
Can that key position be held firmly? It doesn't seem that simple.
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Ser_This_Is_A_Casino
· 11-28 00:13
2960 can enter a position, this time it really feels like it's going to rise.
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DevChive
· 11-28 00:11
Soft Rebound? I really like this, it feels reassuring when I accumulate more, the funds are piling up correctly.
Wait, can this 2900 really be reached? It feels a bit unrealistic right now.
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Degen4Breakfast
· 11-28 00:08
Hi, the sluggish rebound is actually giving us a chance to enter a position, the 2900 range is really an opportunity to enter a position, isn't it?
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FloorPriceWatcher
· 11-28 00:05
Warm rebound? Isn't this the best opportunity to take delivery? The long positions pattern of piling up volume and moving upwards explains everything.
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TestnetScholar
· 11-28 00:00
Let it be slow, as long as it can rise, the key is whether it can hold above 2960.
#数字资产市场观察 11.28
To be honest, this rebound of Ethereum is quite tepid, but when it pulls back, you can directly buy long.
First, let's look at the four-hour chart. A reversal structure of two bearish candles sandwiching one bullish candle has formed, with the price climbing along the moving averages. The key point is that the volume is clearly increasing—capital is continuously entering the market. After the MACD golden cross below the zero line, it has been diverging upwards, with each red bar thicker than the last. The bulls have already taken the initiative.
Switching to the one-hour timeframe. We are now entering a short-term adjustment: the price has retreated after hitting the previous high resistance level, and the three lines of the Bollinger Bands are converging towards the middle, indicating a strong flavor of oscillation and consolidation. The RSI is moving horizontally in the neutral zone between 50 and 60, not going up or down.
This kind of adjustment with a divergence between volume and price is actually quite normal. When the trend is going up, it needs a breather, and both long and short sides will re-enter a game to find balance, which is part of the accumulation phase.
In operation, if Ethereum pulls back to the range of 2960-2900, you can lay out a long position. The initial target is 3070, and if it breaks through, then aim for 3100.
$ETH