On November 29, 2025, Ethereum $ETH will move in tandem with Bitcoin, showing a high-level fluctuation pattern. Additionally, the trading volume over the weekend is likely to be low, and the fluctuation will be narrow. The trading strategy is recommended to focus on buying low and selling high within the range, while operating with a light position. At the same time, closely monitor key data and points, as detailed below:

1. Long Strategy: You can try long positions in the 3000 - 2990 range. If it pulls back and stabilizes at 2937, you can also try a Light Position. A more conservative long position can look at the 2970 support level; if it breaks, the next long range will be around 2866. It is recommended to set the stop loss for long positions below 2970, with the first take profit target at 3035 - 3045. After breaking through, it can further reach 3072.

2. Short Selling Strategy: Short positions can be arranged around the 3035 - 3072 range, with strong resistance near 3070 - 3072, making it a preferable short entry point. If the key resistance level at 3120 (near the 20-day moving average) is not breached, you can also look for opportunities to add to the short position, setting the stop loss above this resistance level and targeting an initial take profit at the 3000 round number. If it breaks below, you can look for support at 2990.

3. Risk Control: Pay attention to the release of the US ISM Manufacturing PMI data in the evening, as the data may trigger market fluctuations; currently, the long and short signals for Ethereum are significantly contending, with bearish candlesticks being relatively stronger. It is essential to enter with a Light Position, keeping any single loss within 5% of the total capital, and to avoid chasing highs and cutting losses. #加密市场观察