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$ETH 11.28 midday BTC analysis



The current price is 3019. The current range oscillation is not due to "light trading," but rather a manifestation of insufficient bullish momentum: the so-called "golden cross" pattern is close to the zero axis in value, which is actually a weak balance under the divergence of bulls and bears, not an effective bullish signal. In the direction selection for the evening, the risk of breaking down is greater than the rebound space, and after a volatile pullback, it still presents an opportunity for high shorts.

Trading suggestion: Short near 3050-3080, target: 2950, 2900
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ETH-7.26%
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