Ethereum (ETH) is currently quite stable, with prices consolidating within an upward channel. The primary support level of 2980 hasn't been broken, indicating strong upward momentum. Resistance is now at 3130. As previously mentioned, be wary of a potential double bottom formation at resistance levels. Therefore, avoid blindly following the trend and heavily investing in the dip. Looking at the 4-hour chart, the MACD histogram is showing increasing bearish momentum, suggesting short-term pullbacks are normal. The Bollinger Bands are still at the upper band, indicating ample upward momentum. Trading suggestion: Enter long positions around 3010, with a target of 3150-3180. Hold long positions if the trend stabilizes above 3200! Market conditions are constantly changing, and this article is subject to change. Please refer to the homepage for specific details and real-time private guidance.
Ethereum price limit order at dawn on November 28th
2025-11-27 16:30:46
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