[11.20 ETH Morning Analysis]

Currently, ETH shows a pattern of "sharp decline followed by weak rebound": the price has slightly rebounded from 2873 to 3048, but is still under pressure near MA30 (3038), and the previous downward trend has not been completely reversed.

From the 1-hour chart:

• Moving Averages: MA7 and MA30 are showing downward pressure, and the rebound has not broken through the key resistance.

• MACD: Although the green bars are narrowing and the DIF has turned, a golden cross has not yet formed, and the rebound momentum is relatively weak.

Operation Suggestions:
Short near 3060-3080, target 3000, if broken look at 2950;
If it holds steady at 3100, then adjust your thinking. Be cautious when pursuing short-term rebounds and strictly set stop losses. #逆势上涨币种推荐 #美联储会议纪要将公布 #美国结束政府停摆 $BTC $ETH