Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
#MSCI未来或纳入数字资产财库企业 $ETH
Ethereum's movement today is a bit tangled. The 3300 level looks like support, but don't be too superstitious about it holding—Black Friday periods are prone to surprises. The key point is that the upward momentum is indeed waning. I mentioned yesterday that 3400 is the first resistance level. If it can't break through here, there's a high probability of a pullback in the next half month.
But there's a premise: it must first break below 3260 support to confirm a true pullback. From this perspective, shorting now is more cost-effective. Keep in mind that in the short term, the price will likely repeatedly test the resistance level at 3385 on the 4-hour chart from last night, which is normal. Don't set your short-term stop-loss too wide; 3340 is the bottom line. Even if it gets swept once, it's okay—then you can re-enter short positions after a rebound.
Betting on a breakout above 3400 now? Too risky and not worth it. Today, focus on the pullback, and taking a profit of 30 points in the short term is enough.