Ethereum Market Analysis and Trading Suggestions (November 4th):

Yesterday, based on the trend pullback, we promptly notified Ethereum to enter long positions around 3050-3060, with target prices of 3100-3140-3170. All target prices were reached, resulting in perfect profit exit! The bullish trend is still ongoing... From the four-hour Ethereum price trend analysis, the recent price has gradually rebounded from the low of 2799 to 3182, forming a clear bullish trend. The daily candlestick closed positive on December 3rd and 4th, but a slight pullback occurred at the high on December 4th, indicating increased upward pressure. In the 4-hour cycle, both DIF and DEA are positive, and the MACD histogram is shortening, indicating that the upward momentum is weakening and may enter a period of consolidation or adjustment. RSI (14) is currently around 70, close to the overbought zone, and we need to be wary of the risk of a short-term pullback. The price is currently running above EMA7, EMA30 and EMA120, with a clear bullish alignment. EMA7 (3156) provides support for the price. Trading volume surged significantly from December 2nd to 3rd, accompanied by a rapid price increase, indicating strong capital inflows. Trading volume contracted somewhat on December 4th, suggesting a more cautious market sentiment and increased selling pressure at higher levels. Ethereum trading suggestion for November 4th: Consider entering long positions around 3130-3140, with target prices of 3180-3220-3250. Market conditions are constantly changing; this article is for informational purposes only, and free real-time strategy guidance is available!