Family, today Brother Hao brings you the latest comprehensive analysis of the Ethereum (ETH) price fluctuations, pure dry goods, remember to like and bookmark!

First, let's look at the technical indicators. The MACD histogram has been negative, but recently it's been slowly shortening. What does this indicate? The strength of the bears is weakening, and the bulls are starting to exert force, which is a positive signal. Next, looking at KDJ and RSI, the KDJ value is currently in the oversold range of 5 - 8, and the RSI is below 30. Based on experience, this often suggests a possibility of a rebound for Ethereum in the short term. However, there is a hidden risk here; when the price rises, the trading volume is shrinking, which indicates a divergence between price and volume, meaning there is insufficient momentum for the rise, and there may be a pullback later, so everyone must be cautious.

From the market data, the open interest of ETH accounts for 40%, reaching a new high since April 2023, indicating that leveraged trading is particularly active right now. Additionally, traders are buying call options with expiration in December and strike prices between 3500 - 6000, showing that everyone is betting on a big rise for Ethereum before the end of the year.

Considering these situations, Brother Hao gives today's operational guide: In the range of 3525 - 3545, you can consider going long, with the initial target being 3570. If the market is strong, you can continue to aim for 3600. But everyone must always pay attention to market changes and control risks well, as the cryptocurrency market is highly volatile, and investments should be made cautiously! #ETH