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CryptocurrencyTraderMr
11.14 Ethereum Market Analysis Reference Ethereum is also approaching the key support at 3150, showing a corrective rebound. Currently, the market has returned above 3200, and the intraday rebound has not broken through the short-term resistance at 3330. The price is facing resistance around the 3280 level, entering a weak oscillation phase. A typical "three black crows" bearish pattern has appeared on the daily chart, with three consecutive bearish lines from November 11 to 13, accompanied by higher trade volumes, intensifying the bearish signal. Meanwhile, in the 4-hour timeframe, the price has effectively broken below the EMA120 key support level with consecutive bearish lines and has sequentially pierced through EMA7 (3323) and EMA30 (3433), forming a bearish divergent moving average structure. On the hourly level, the market is building a short-term oscillation platform in the range of 3250–3186 but has failed to effectively break through the previous high of 3272, indicating insufficient rebound momentum. The MACD indicator further confirms the weakness, with the 4-hour DIF and DEA forming a death cross below the zero axis, and the histogram has expanded to -58.4; the daily MACD also shows accelerated downward movement, reaching -37.3, making the overall technical outlook bearish. The focus should be on the breakthrough of the 3330 resistance; if it can be broken, the price is expected to advance further towards the 3400 area. Conversely, there is still a possibility of continued downward movement today, leading to another retracement. Due to this rebound, the intraday market has re-entered consolidation, so the suggested strategy is to short high and long low. 11.14 Ethereum Short-term Strategy Reference: Short test 3415-3375 lightly, stop loss 30 points, target below 3300, Long test position 3161-3111, stop loss 30 points, target above 3220. The article is sent with a delay, and the strategy suggestions are for reference only. The market changes rapidly; regardless of how accurate the judgment of the market is, stop loss and take profit must be well managed, lock in profits #CoinDesk11月报告Gate战绩来袭 #广场发币瓜分千U奖池 #XRP现货ETF将上线 #$BTC $GT
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