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#鲍威尔讲话 November 19 evening trend analysis
Ethereum has recently pulled back from a high of $3248, touching a low of $2943 before rebounding. The current price is fluctuating around $3088, having returned to the middle band area of the Bollinger Bands.
From a technical perspective, whether the middle track can hold is the key in the short term. If the price can stabilize above the middle track, the short-term trend may lean towards bullish; if it cannot hold, the oscillation pattern will continue. Currently, the trading volume has not significantly increased, making it suitable for short-term operations.
Trading Idea Reference:
Consider placing long positions in the range of $3060 to $3010, with targets looking towards the range of $3130 to $3180.
Note: Strategies have a time sensitivity, please pay attention to real-time market changes and adjust your positions in a timely manner.
$ETH $UNI
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Buy long at 3010? Let me see what Powell has to say first, don’t get caught.
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It's the same narrative about setting up long positions. When will it end?
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Whether the middle band can hold depends on the upcoming data. With such weak volume, how dare we operate?
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Interesting, the target of 3130-3180 isn't quite out of the question.
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Is Powell's speech referencing BTC or ETH? Don’t just look at the technical aspects.
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Short-term trading is short-term trading. If the defense line breaks, it might be too late to run.
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Still looking at Bollinger Bands. Really tired of this routine.