11.27 Thursday Jingwen Ether Strategy

Ether has shown a strong upward trend in line with Bitcoin on the 1-hour chart, with the price continuously rising from a stage low of 2887, reaching a high of 3070, and an intraday increase of 3.53%. The overall trend has broken through the previous consolidation range, with bullish forces dominating the short-term market, showing a clear upward momentum.

In the MACD indicator, both DIF and DEA are in the positive zone and the red bars are expanding, indicating a continuation of the bullish trend; although the RSI indicator is at a relatively high position, it has not yet entered the severely overbought range, and the bullish pattern in the technical aspect remains solid.
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The overall capital activity in the cryptocurrency market has increased, and the ETH ecosystem (such as the development of Layer 2 technology and innovation in DeFi applications) continues to attract attention; on a macro level, if expectations for a loosening of the Federal Reserve's monetary policy rise, it will also provide external support for the increase in ETH.

Long Strategy
Buy in batches when the price retraces to the 2980 - 3000 range, with a stop loss below 2950. The first target is 3090, and after a breakout, the target is 3150.

short selling strategy
Short with light position when the price reaches the range of 3090 - 3100 and shows pressure signals, defend at 3120, first target 3020, if it breaks down look at 3000#Gate广场圣诞送温暖 #非农数据超预期 #反弹币种推荐 #ETH #PI .