#ETH早间思路

Ethereum Insights on December 3rd

Based on trading volume analysis, the average price of Ethereum corresponding to the net difference in trading volume over the past 100 days is around 2850, with a variation of 5%.

Since falling to 2620 points, the daily trading volume has fluctuated between 200,000 and 400,000. As of December 1st, the net trading volume corresponds to an Ethereum price of 2880 to 3050.

From the afternoon to the night of February 12, due to news-related impacts and based on the analysis of the 4-hour and 1-hour K-line, the trend is upward. The net trading volume has exceeded 400,000, thus rising to around 3030, meeting the demand for trading volume and price.

On the morning of the 12th, the market is in a correction phase, with prices fluctuating between 2900 and 3000.

Operation Suggestions
Short near 3020, stop loss at 3050, take profit at 2970, 2930, 2900. If it breaks below 2850, you can continue to short.

Go long near 2930, with a stop loss at 2900 and take profit at 3000, 3030, and 3050. If it breaks 3150, you can continue to adjust the long position.