11.28 Ethereum Market Analysis Reference Ethereum has slightly moved up at a high position, with the price facing resistance at around 3070 and pulling back. Currently, the trend is in a consolidation rhythm. Based on the formation of a double bottom structure on the daily chart (with the low point of 2763 on November 24 and the low point of 2888 on November 26), there is now a key reversal signal appearing on the 4-hour chart: the long lower shadow hammer candlestick generated at 20:00 on November 27 has been confirmed by three consecutive bullish lines, pushing the price to break through the neckline at 3050. The moving average system is showing the preliminary formation of a bullish arrangement, with the current price holding above EMA7 (3018) and EMA30 (2950), forming a short-term support zone, but the upper EMA120 (3119) creates significant resistance. The MACD indicator shows a secondary golden cross (42.78/35.31) for the DIF and DEA above the zero line on the 4-hour chart, and the histogram has turned positive for five consecutive days on the daily chart. Although it still remains below the zero line, the repairing momentum continues to strengthen. The price is expected to pull back to around 2600, and I advise all coin friends to prepare in advance. Although Ethereum has recently moved to a higher range, the coin price is approaching the key resistance of the daily mid-axis, and as long as it has not effectively broken through the previous level, the consolidation pattern has not changed, so the strategy remains to hold short positions high and long positions low. For short-term resistance, pay attention to the 3100-3130 range above, and for support, pay attention to the 2930 level below. 11.28 Ethereum Short-term Strategy Reference: Short at 3060-3105 with light positions, stop loss 30 points, target below 3000. Long at 2881-2831 with stop loss 30 points, target above 2920. The article may have latency in sending; strategy suggestions are for reference only. Market conditions change rapidly, and regardless of how confident you are in your market judgment, always set stop loss and take profit to lock in profits.

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