Evening viewpoint on December 1.

ETH Short: Short near 2817, stop loss at 2857, take profit without limit.

ETH Long: Long near 2558 with a stop loss at 2518 and no take profit.

Note:

1. The current market sentiment is dominated by bears, and the rebound is relatively weak. The bearish position has broken on the four-hour chart. If going long, ensure to set stop-loss as the profits from the rebound may be limited.

between 80-100 points;

2. Powell will speak tomorrow morning, everyone should pay extra attention. If long positions are established, around 8:30 tomorrow morning, the rebound profit will be limited, and clear all positions directly.

If the rebound is within one hundred points, clear the position directly and wait for the next opportunity.
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