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$ETH 11.27 midday ETH strategy analysis



The current price is 3025. The so-called "bottom rebound and channel flag adjustment" is a weak recovery after the decline, not a trend reversal: the trading volume has not increased synchronously during the rebound, and the price is already close to the upper pressure of the channel. The claim that "no top signal has appeared" is merely a short-term fluctuation phenomenon. The risk of breaking below the lower edge of the channel after a subsequent surge is relatively high, so do not blindly be bullish.

Trading suggestion: Short near 3050-3080, target 3000, 2950
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