December 5 Market Analysis Ethereum has finally waited for a correction! It hasn't been easy. There are five days left until the interest rate cut. Tomorrow is Saturday and Sunday. If there is no market movement over the weekend, then on the 8th and 9th of next week, I believe it will be difficult for Ethereum to break through 3227 to reach 3500. Currently, Ethereum's defense position is very important.
There is support at 3127 below, and there is selling pressure at 3227 above. Therefore, the key position at 3187 is very important. If 3187 holds steady, it will attempt to break through the key resistance level of 3227 again. After successfully breaking through 3227, there will be an upward space of 200 points above. So currently, we need to focus on this position 3227. Similarly, if we lose 3127 below, then the highest point of this segment will be at 3227. This will open up a continued downward channel.
The previous decline was not without any effect; I believe it has also consumed a lot of upward momentum! Our air force has hope now. Once the interest rate cut is completed, it will be our time to strike fiercely. Hang in there, brothers! $ETH
This wave of market trends, and how the next wave of short positions is developing, brothers who are stuck, come and take a look!
Last night, Ethereum and Bitcoin surged! Ethereum reached 2780 with a big bullish candle standing at the three thousand position! Bitcoin skyrocketed to 92000! It directly broke the downtrend on the four-hour level! It was hard work to drop down. A wave directly eats some of the previous low-price chips! It turned out to be a trap set by the whale!
Analysis of this wave of market! If Ethereum breaks through the middle line of the Bollinger Bands today, then the pressure above the four-hour level will be invalid! Ethereum needs to further test the key position of 3200! At 3200, there will be a wave of liquidation, of course, if the 3200 position is held, it will rush to the upper limit of the daily level resistance at 3500! Then it will fall back and drop, breaking the new low of 2600 again!
Brothers! Being stuck is not scary, first control your position well, and have expectations in mind! This wave of rise is also within reason. The Federal Reserve is easing interest rates! The aunt is upgraded! The Federal Reserve is reducing its balance sheet! Bottom rebound.
I have already hedged, after closing the long positions, I left short positions! Waiting for this wave of decline, I will increase my position 🈳, aiming for 2400. A big market is also an opportunity for a turnaround! Keep it up, brothers! Don't let us lose money during the New Year 🧨, the whale is a beast!
Whales, don't come to see the posts! Give us some opportunities, okay! $ETH
Falling, falling, falling! I knew it would fall! The US stock market rises, Bitcoin falls. The US stock market falls, Bitcoin falls. The government opens, Bitcoin falls; the government closes, Bitcoin falls. High employment rate, Bitcoin falls; low employment rate, Bitcoin falls. Interest rate cuts, Bitcoin falls. No interest rate cuts, Bitcoin falls. You are really something!
Isn't there a lot of talk about interest rate cuts? Why has it scared everyone away? I heard that old Powell will be speaking this week, and it has scared everyone off. Big funds are afraid, let alone us.
Recently, I've been shorting. To be honest, it's been hard to trade these past few days; the market has been moving sideways without much fluctuation, and I've noticed a lot of baiting. The reason I didn't get caught is that the resistance is significant; once it goes up, it drops back down. I feel something is off, even though there are rumors circulating that Ethereum will reach 3200. However, looking at the daily chart, it is already under immense pressure at a high level. Before the spike last night, I entered my position early! I added to my position at a high level. Today ended smoothly!
Old Powell's speech this Tuesday; let's see if he will reveal any bearish or bullish news regarding the interest rate cut this month. I am positioning for a short. My ongoing view is a sustained downtrend, aiming for the 1887 level! As for Bitcoin, the target is around 60,000. This wave of correction, let's see if it can reach 2920; if it does, I will enter a short position!
Recently, I've opened a managed position, currently in profit; thanks to the big brother for the trust, I followed in with 50,000 U. Aiming to double my capital by the end of the year, now positioning for a long-term short! If there are brothers who like to trade short-term or medium to long-term, feel free to join in. Follow the trades to get rich! $ETH
Live broadcast sharing points in real-time every day for stable profits! Trend direction analysis. Key points 👍! Today I successfully completed two short orders, continuing tomorrow. If you don't understand, check out my works; I won't be a Monday morning quarterback! Not afraid of black swans! Air Force One! Haha
Powell disagrees with lowering interest rates, everything others say is nonsense💨
Today's short position is successful! Follow me for real-time updates in the live stream👍 Let's stay steady and we can win! Let's go home for the New Year🧨#美国非农数据超预期 $ETH