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#ETH早间思路
Ethereum Insights on December 3rd
According to 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 5% margin.
Since falling to 2620 points, the daily trading volume net value has been fluctuating between 200,000 and 400,000. As of December 1st, the net trading volume corresponds to an Ethereum price of 2880 to 3050.
On the afternoon to evening of December 2, due to news impact, combined with the analysis of 4-hour and 1-hour candlestick charts, the trend is upward, and the net trading volume has surpassed 400,000, thus rising to around 3030, meeting the demand for trading volume and price.
On the morning of the 12.3rd, it is in a correction phase, with prices fluctuating between 2900 and 3000.
Operational Suggestions
Short near 3020, stop loss at 3050, take profit at 2970, 2930, 2900, if it breaks below 2850, you can continue to short.
Long near 2930, stop loss at 2900, take profit at 3000, 3030, 3050. A breakthrough at 3150 can allow for further adjustments to long. $ETH