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#数字货币市场回升 Ethereum is in a bit of a delicate position right now, with a standoff at 3020 where both bulls and bears are hesitant to make any bold moves.



Last night, following Bitcoin, there was a plunge that created a space of 90 points, and today it started to crawl upwards. During the day, it's expected to be mainly volatile, so don't expect any major moves.

From the daily perspective, the price is hovering above the middle band of the Bollinger Bands at 3003, maintaining a bullish pattern. The MACD lines are sticking together, and the red bars are getting shorter, indicating that the rise is stalling. The RSI is hovering around 55, which is neither too strong nor too weak, but the J value of the KDJ has dropped to 25, indicating a technical demand for a rebound.

Switching to the four-hour period, the Bollinger Bands are tightening, with the price fluctuating around the middle line, and the volatility has clearly narrowed. The upper pressure is at 3090, and the lower support is at 2990, now oscillating back and forth within this range, waiting for a directional breakout.

Trading strategy reference:
A pullback to the range of 2990-3000 can be considered for long positions, with a target of 3050-3070.
$ETH
ETH-5.52%
BTC-5.08%
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GateUser-74b10196vip
· 11h ago
This grind is exhausting me. When will it break out?
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SnapshotBotvip
· 11-30 10:42
3020 has been around for so long, it feels like it's about to break Honestly, if 3090 can't break, then don't think about it KDJ has dropped 25 and is still grinding, it really should rebound Will the key support at 2990 be broken? It's a bit uncertain Waiting for the breakthrough, before the breakthrough is all a waste of time
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ChainWatchervip
· 11-29 04:21
3020 This position is really tormenting, waiting for a breakout. --- Are we going to grind the bottom again? My patience level is -100. --- With the j value dropping to 25, I feel a rebound is just around the corner. --- Should I buy more at 2990? Forget it, I'll just wait and observe, the trouble of not having any coins. --- The Bollinger Bands are getting tighter, it's the calm before the storm. --- I really hate this slow grinding pace, can't we get a nice breakout? --- With Bitcoin being so volatile, Ethereum really doesn't have much of an opportunity. --- The target of 3050-3070 is too mild, not very interesting. --- Every time I see this kind of analysis, I want to buy the dip, but I regret it every time. --- I feel like I should wait a bit longer, entering now makes it easy to get trapped.
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GasWranglervip
· 11-29 04:18
technically speaking, this bollinger squeeze is sub-optimal for actual alpha hunting. if you analyze the data, kdj at 25 is just noise—most traders miss the real signal buried in mempool priority fees rn.
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NFTPessimistvip
· 11-29 04:16
What’s the point of dragging it out and rising? It’s better to smash it directly. Still waiting for a direction to break through, just wait to die, you all. 3020 has been stuck for half a day, the short positions have long lost patience. Can 2990 really hold? Why do I not believe it? Those going long are all gamblers, they run at the first sign of a rebound.
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HorizonHuntervip
· 11-29 04:09
It's grinding again, when will it break out?
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SchrodingersFOMOvip
· 11-29 04:04
3020 has been stuck for so long, no wonder people are losing heart. It's all about fluctuations and grinding, how long do we have to wait? Can buying the dip at 2990 really turn things around? It feels like a pipe dream. The KDJ has fallen to 25, so a rebound should be coming, right? But who dares to catch this falling knife? Everything before breaking out of the trading range is nonsense, don't be fooled by technical indicators.
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NewPumpamentalsvip
· 11-29 03:57
The 3020 level is indeed annoying, both bulls and bears lack confidence, let's wait for a breakout.
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