#ETH走势分析 ETH is now at a crossroads.

The technical situation is quite subtle: the price has just stabilized at the short-term support of 1787, the Bollinger Bands are starting to converge, and the trading volume has also decreased. In this state, you know what I mean, either we’re waiting for a big move or just lying flat. But the problem is that the trading volume is lagging, and with the external environment not supportive, even if we want to push up, we can't go too high.

The fundamentals do have some substance. The expectations for the Ethereum upgrade are still there, and the spot ETF situation hasn't completely cooled off, leaving some room for imagination. But the reality is quite harsh — profit-taking is weighing heavily, there's not much enthusiasm in DeFi and NFTs, and on-chain activity is just mediocre.

It is more difficult on a macro level. Global liquidity is tight, and the regulatory stance is ambiguous. With these two mountains pressing down, ETH needs to remove them before it can take off.

So how to play?

**Short-term players**: Stay within the range of 1787-1833, and you can try a small long position near 1787, placing the stop loss below 1770 without hesitation. If it breaks through 1833 with volume and stabilizes, you can chase it up to the vicinity of 1880-1900. However, if it falls below 1774, withdraw quickly, as 1750 or even 1700 may be seen.

**Medium to Long-term Layout**: If there is a pullback to the 1700-1750 value zone, and a stable signal with reduced volume appears, it is a good time to enter the market in batches.

Don't forget to keep an eye on a few key factors: the Federal Reserve's next moves, any news on the Ethereum ETF, and changes in on-chain data. You know the risks of the crypto market, don't get too carried away.

ETH1.17%

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ImpermanentTherapist

· 15h ago

As soon as the Bollinger Bands close, I want to da moon, but with such low Trading Volume, how is that possible? Isn't this just a trap for the longs?

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ser_aped.eth

· 18h ago

If it can't hold 1787, then directly look at 1700. This wave really can't produce any momentum.

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DaoResearcher

· 11-29 02:40

From the perspective of governance token weighted voting, the technical pattern of this wave of ETH actually reflects the deep-seated issues of incompatible incentives among market participants. The stability of the 1787 support level, as shown by on-chain data, has fallen below the 95% confidence interval of historical counterparts. It is noteworthy that the sluggish trading volume precisely confirms my previous hypothesis about the failure of the liquidity governance mechanism — when the market lacks strong consensus, even if there are fundamentals, it will fall into a game-theoretic dilemma.

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NFTHoarder

· 11-29 02:38

1787 support hasn't been broken again, it feels like this wave is still bottoming out, we can't really just lie down until the end of the year, right?

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MrRightClick

· 11-29 02:38

With the Trading Volume being so weak, do you still dare to go long near 1787? I feel that it needs to break 1750 to see the direction clearly.

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AirdropFatigue

· 11-29 02:20

Entangled again at 1787, I really don't understand if it can break 1833 this time. With such poor Trading Volume, how can it break through?

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