#ETH After the midday session on November 26, Ethereum staged a textbook-level pullback on the hourly chart. After touching a high of $2986.98, it began to oscillate and correct, but the key support level has held quite steadily. Recently, the Candlestick has shown signs of stabilizing and stopping the fall.

From the current consolidation pace, the bullish pattern has not yet deteriorated. If the hourly chart subsequently pulls back to the 2900-2920 range and can hold, a light position betting on long orders is indeed a strategy, with the target looking at 2980-2985.