Don't forget, the darkest moment is often just before dawn. On the road to chasing dreams, you are never alone; you still have me.

I am a warrior in the crypto community, always protecting the retail investors. I wish my fans financial freedom in 2024. Let's keep pushing forward together!

Crypto Community Scholar: November 24, 2024 Ethereum (ETH) Latest Market Analysis Reference

The current price of Ethereum is 3410. It is now 4 AM Beijing time. Ethereum is in a short position between 3450 and 3500. For details, you can refer to yesterday's article for insights. The second coin will not rise as everyone wishes; there has already been one significant rise this year, and it is expected that there won't be such a large rebound again this year. Therefore, it is essential to be rational, follow the trend, and avoid chasing prices or panic selling. The first support point is at 3400, which is unlikely to hold. We will continue to look at the strength of support at 3350 to 3300 to decide whether to take profits on the short position.

Looking at the market, the daily K-line continues to show a double top pattern, with a high already reaching the 3500 mark and a low of 3315 before publication, indicating a significant range and a one-sided upward trend. The EMA trend indicator is still expanding upwards and has not yet ended, entering the final sprint phase. Pay attention to whether the EMA15 fast line breaks below 3200 after the alternation ends. The MACD shows a large-scale top divergence with increased positions, indicating that the main force is starting to increase holdings in the second coin. After the Bollinger Bands open, the upper pressure comes to 3610, with the middle support still at 3070. The KDJ has not yet shown upward momentum, so the thought process is that short positions should not be held for too long. After a pullback below 3400, one can consider testing long positions.

The four-hour K-line has pulled back after reaching a high. Pay attention to the EMA15 trend support point at 3335. The MACD top divergence continues to rise, and the DIF and DEA high-level expansion trend remains unchanged. The Bollinger Bands are still stretching upwards, with the upper line breaking 3525. The focus is on 3290. The entry and defense points for long positions have been identified; the rest is left to time. Only by enduring loneliness can one maintain prosperity. The large-scale bullish trend has already opened up, so wait for a pullback to layout long positions as the main strategy, with shorts as a supplement. Especially when shorting, be sure to choose a position with a small stop-loss point; if wrong, exit with a small loss, and if right, hold on.

Short-term reference: Safety first. Remember that the market is never 100% certain, so always set stop-losses. Safety first, small losses with big gains is the goal.

For long positions, buy between 3330 and 3350, with a defense at 3270 and a stop-loss of 50 points. The target is 3400 to 3450, with a breakout target of 3500 to 3550.

For short positions, sell between 3550 and 3600, with a defense at 3650 and a stop-loss of 50 points. The target is 3500 to 3450, with a breakout target of 3400.

Specific operations should be based on real-time market data. For more information, you can consult the author. There may be delays in article publication, so the suggestions are for reference only, and risks are borne by the reader.

This article is exclusively contributed by the Crypto Community Scholar and represents the scholar's unique perspective. In-depth research has been conducted on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the timing of the article's release, the above views and suggestions may not be real-time and are for reference only. Risks are borne by the reader. Please indicate the source when reprinting. Manage your positions reasonably and avoid heavy or full positions. The scholar also hopes that all investors understand that the market is always right. If you are wrong, you should reflect on where the problem lies. Do not let the profits that should be yours slip away. There is no need to be smarter than the market. When a trend comes, follow it; when there is no trend, observe and remain calm. It is not too late to act once the trend becomes clear. Tomorrow's success stems from today's choices. Heaven rewards diligence, the earth rewards kindness, humanity rewards sincerity, business rewards trust, industry rewards excellence, and art rewards passion. Gains and losses often occur unexpectedly. Develop the habit of strictly setting stop-losses and take-profits for each trade. The Crypto Community Scholar wishes you happy investing!

Warm reminder: The above content is solely created by the author of the public account. The advertisements at the end of the article and in the comments section are unrelated to the author. Please discern carefully. Thank you for reading.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。