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.
- Prices are fluctuating around $3,000, with short-term direction yet to be determined. Resistance levels above: $3,033 / $3,166 / $3,479; support levels below: $2,988 / $2,835 / $2,659. If it can reclaim and stabilize above $3,166, a rebound is likely to continue; if it falls below $2,988, be wary of a retracement to $2,835.
Strategies
- Range Trading: Lightly buy near $2,980–$3,000, stop loss at $2,960, target at $3,033 / $3,166; lightly sell near $3,160–$3,180, stop loss at $3,200, target at $3,033 / $2,988. - Breakout Following: If the 15-minute candlestick volume breaks above $3,166, chase the long position, stop loss at $3,140, target at $3,300 / $3,479; if it falls below $2,988, chase the short position, stop loss at $3,010, target at $2,900 / $2,835. - Position ≤10%, single trade risk ≤1%; as event volatility approaches, control leverage, and strictly manage take profit and stop loss.
Risks and Considerations
- Pay attention to the progress of the Fusaka upgrade on December 3, which may enhance L2 adoption and bring about volatility; also note the amplification effect of ETF fund flows and changes in futures open interest on direction.
Risk Warning
- Cryptocurrency assets are highly volatile, and the above is for market analysis and trading reference, not constituting investment advice; please make cautious decisions based on your own risk tolerance. $BTC $ETH #币安HODLer空投AT #加密市场反弹 #香港稳定币新规 #加密市场观察 #ETH巨鲸增持 $XRP
Bitcoin Tomorrow Market Overview and Strategy | December 1
Market Overview
- The price fluctuates narrowly around $90,000–$92,000, with short-term momentum neutral; resistance area above at $91,500–$93,500, and core support zone below at $89,000/$85,000. Technical indicators show: RSI around 52, MACD golden cross below the zero line, momentum gently recovering; Bollinger Bands are narrowing, volatility is decreasing. In terms of funds and structure, there has been a slight net inflow into spot ETFs in the past two days, but there is a clear supply area above at $93,000–$96,000, which requires volume confirmation for breakthrough validity.
Key Levels and Scenario Analysis
- Resistance Zone: $91,500 (4-hour EMA) → $92,000 (intraday pivot) → $93,500 (previous high/supply area). - Support Zone: $90,000 (psychological level) → $89,000 (short-term turning point) → $85,000 (strong support area). - Bullish Scenario: A strong hold above $92,000 with a retest not breaking, targeting $93,500, extending to $95,000; if volume is insufficient, it may repeat in the resistance area. - Bearish Scenario: Effectively breaking below $90,000 and not returning on the pullback, targeting $89,000/$85,000; weekend liquidity is low, beware of false breakouts/fake breakdowns amplifying volatility.