#ETH走势分析

November 25th Ethereum Trend Explanation and Intraday Analysis:

ETH: This round of Ethereum has fallen from a high of 4956, with a maximum drop of 47%, nearly halving. The K-line shows a 'weak rebound after breaking down', characterized by: each round of rebound struggles to return to the key moving averages; significant selling pressure above; the downward trend line continues to exert pressure. This indicates that Ethereum's medium-term trend has not yet reversed and is currently in a rebound repair phase, rather than a true bottoming rebound. A significant deep adjustment can only lead to a new upward trend through a long bottoming process. During the bottoming process, the height of rebounds is limited, and their duration is short, often testing the holding costs near the densely traded area below. Yesterday, a moderate increase in volume closed with a bullish K-line, and the coin price broke through the short-term moving average MA7, but has not yet disrupted the bearish arrangement of moving averages. A volume contraction adjustment after the rebound is needed to reverse the downward extension of the moving averages, indicating that the current short-term rebound of Ethereum is a repair rather than a trend reversal. A volume-contracted rebound indicates that the main players have not yet started to lift the market, and outside funds are on the sidelines. The MACD indicator shows a golden cross below the zero line, and the histogram has begun to turn positive, indicating a reduction in downward momentum, providing conditions for a short-term rebound, while the medium-term outlook remains weak, and a bottom must be established for the long-term. In the subsequent market, first focus on the resistance at the 3000 round number, while the 3000-3200 range has certain selling pressure, which will suppress the short-term rebound. A test of the 2800-2700 point range without breaking is an opportunity for short-term accumulation. For intraday operations, focus on the resistance at the 2950-3000 point position above, and pay close attention to the support at the 2870-2830 position below for rebound opportunities.