Cryptocurrency Circle Liying: Ethereum Hits New High at 3715 on December 2! Are You Ready to Embrace the Next Wave of Profit Frenzy? Latest Market Analysis

Article Published on 2024.12.2 ---- 03:10

Ethereum is currently priced at 3715, breaking the previous high again. Is it in line with Liying's expectations? Earlier at 3300, I reminded everyone not to withdraw all their chips and to keep a portion as a base. Wasn't that a wise decision? Now, there are no suitable entry points for those wanting to get in. So for those who entered at 3300 and 3530, don't rush; take some profits first and continue to hold the rest.

From the price trend analysis, the current market K-line pattern is oscillating around 3700, forming a relatively high consolidation area. Therefore, making trades at this position is considered chasing highs and cutting losses. Liying does not recommend entering here again; it's best to observe if you're looking to exit. For those already in, don't rush to leave. Although there is some selling pressure above, we cannot rule out a potential short squeeze. Even if there is selling pressure, it may just be a retracement to pick up buyers. The technical indicator MACD shows that the current DIF is slightly below the DEA, and the MACD histogram has turned from positive to negative, indicating a weakening of bullish momentum in the short term, which may lead to an adjustment phase.

The Relative Strength Index (RSI) is close to 63, in a neutral to strong range, but has not entered the overbought zone, indicating that there is still room for the market to rise, but caution is needed. The trend indicator EMA price is currently above EMA7, showing that the short-term trend remains upward, and it is also above EMA30 and EMA120, maintaining a good long-term trend. Additionally, the trading volume has increased market activity. As the price oscillates at a high level, the trading volume is gradually decreasing, indicating a growing wait-and-see sentiment in the market. At this time, we should patiently wait for the market to explode.

Today's Latest Point of Reference

Long Entry at 3600, Add at 3550, Stop at 3500, Target at 3750

Short Entry at 3800, Add at 3850, Stop at 3900, Target at 3600

The above analysis is based on market data and trend analysis from the order book 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 witnessed 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。