Cryptocurrency Circle Liying: Ethereum Maintains Bullish Trend on November 25, See Through the Short-Selling Conspiracy! Decisively Positioning, Latest Market Analysis

Article Published on 2024.11.25----01:40

Current price of Ethereum is 3310, how many billions of dollars were liquidated in this wave? Liying chose to enter the market above 3300 and defend at 3200, leaving the rest to time. The reason is simple: the large-scale bullish trend remains unchanged. What we need to do is to position ourselves in advance. As long as the large-scale trend does not break, we can hold on to the previous highs. Currently, after taking profits on short positions, holding long positions is sufficient. Let's take a look at the current market.

Liying still analyzes from the price trend. The current candlestick pattern shows a pullback after reaching a high of 3499 on the 23rd, forming a short-term downward trend. In the 4-hour cycle, the candlestick shows multiple long upper shadows, indicating heavy selling pressure above, which is clearly a profit-taking behavior by the main force. The technical indicators MACD currently show both DIF and DEA as negative values, and the MACD histogram is in the negative area. The short-term market is heavily bearish, but the large-scale trend remains bullish. Liying's approach is still primarily a low-buy strategy.

The Relative Strength Index (RSI) has gradually retreated from the overbought zone and is currently around 51.95, close to the neutral area, indicating that market sentiment is stabilizing. The trend indicator EMA price is currently running below EMA7, with EMA30 providing support. If it can break through EMA7, it may further test EMA120. The trading volume has decreased, showing a reduction in market activity, with no obvious signals of increased or decreased volume. Liying judges that under the condition that the trend has not changed, all indicators contain a conspiracy to induce short selling. Liying still insists on a low-buy strategy as the main approach, with short positions as a defensive trading method.

Today's Latest Point of Reference

Long Entry at 3300, Add at 3200, Stop at 3150, Target at 3450

Short Entry at 3450, Add at 3500, Stop at 3550, Target at 3300

The above analysis is based on Liying's conclusions drawn from market data and trend analysis and does not constitute investment advice. For reference only. Over the past ten years, Liying has continuously explored and experienced hundreds of different digital assets. Throughout this process, Liying has experienced the brilliance of bull markets and the gloom of bear markets, accumulating countless valuable experiences and profound lessons along the way. As a female trader striving in this challenging field, Liying feels a responsibility to share her insights, hoping to help others with dreams find their place in this unpredictable market and embark on their own successful journey.

The content of this article is time-sensitive and for reference only; risks are borne by the reader.

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。