Tomorrow's ETH Market and Strategy
Market Overview
Today, the ETH price briefly fell below $2900, currently fluctuating around $2900, with a cautious sentiment; the short-term structure remains in a weak rebound category, needing to observe if it can effectively recover and stabilize above key moving average bands.
Key Levels and Trigger Conditions
Upper Resistance: 3016, 3098, 3166; Lower Support: 2973, 2920, 2870. Trading is confirmed based on hourly closing prices.
Strategy
Breakout Long: Effective hourly close above 3016, follow with light positions, targets 3098/3166, stop loss at 2985.
Pullback Long: Re-enter after stabilizing and strengthening on the pullback to 2973-2985, targets 3016/3098, stop loss at 2945.
Breakdown Short: Effective hourly breakdown below 2973, follow shorts if rebounds do not break resistance, targets 2920/2870, stop loss at 3000.
Risk and Risk Control
Control position ≤10%; strict stop loss; pay attention to the Ethereum upgrade progress on December 3rd, beware of news amplifying volatility.
Disclaimer
The above is market analysis and trading reference, not constituting investment advice; cryptocurrency assets are highly volatile, please assess risks and operate cautiously.
