🔔Analysis of the Ether market trend on November 21:

Auntie's daily resistance range 2938-3002
Aunt's daily support range 2728-2663
The ETH daily chart shows that the recent price has rapidly fallen from a high of 3063 to 2788 and then rebounded, currently oscillating around 2870, forming signs of a short-term low stabilization. On the hourly chart, a long lower shadow candlestick appeared in the morning of the 21st, indicating strong support around 2850. However, there is obvious pressure in the upper 2885 area. The MACD histogram on the hourly chart is still negative, with both the DIF and DEA below the zero axis, indicating that bearish forces are dominant, but there are signs of decreased volume, which may brew a rebound. The RSI on the hourly chart is around 40, not yet entering the oversold zone, with weak momentum; the daily RSI has gradually risen above 30, indicating a need for repair. The EMA on the hourly chart near EMA7(2866) is close to the current price, which may provide some short-term support: EMA30(2938) and EMA120(3056) are far from the current price, with significant resistance above. Recently, trading volume has greatly increased, especially during the sharp decline on the 20th, indicating that market sentiment is highly volatile. The current hourly trading volume has shrunk, indicating that both bulls and bears are temporarily observing, waiting for directional choice.
Suggested Action:
Short near ETH 2938-3002, look at 2915-2890
Buy around ETH 2728-2663, look for 2773-2802.

(For reference only and does not constitute investment advice!) #今日你看涨还是看跌？ $ETH