11.21 Ethereum Market Analysis Reference The intraday rebound of Ethereum is under pressure near 3060, and the subsequent rebound strength is weak. Coupled with the proximity to the mid-axis pressure area, the trend has weakened as expected, breaking the short-term support of 3000 and going down again. As of the time of writing, the low has broken below 2800, and the overall trend is weak, with the upper resistance gradually moving down. The short-term rebound has shown signs of fatigue, and if it cannot break and stabilize around 3000, the price may decline again. The daily candlestick chart shows consecutive bearish belt hold downtrends with higher trade volumes. On November 20, a long lower wick candle tested the bottom at 2790 and then rebounded slightly, forming a single needle bottom structure. The weekly EMA7 and EMA30 death cross has been confirmed, and the current price of 2806 has broken below all monthly average lines (EMA7/30/120), indicating a medium-term bearish dominance. MACD: The daily DIF(-238) and DEA(-207) are accelerating downwards, with the histogram expanding to -62, showing strong bearish momentum; the hourly MACD has a golden cross below the zero axis but has not broken through the downward trend line. EMA: The price is below the EMA7(3055)/EMA30(3460)/EMA120(3722) in a bearish arrangement, with the hourly EMA30(2975) becoming the recent resistance level. Therefore, our strategy remains focused on short orders. The upper resistance to pay attention to is around 2960-3300. 11.21 Ethereum short-term strategy reference: Lower test 3015-3075 light short, stop loss 30 points, target below 2980; upper test position 2781-2711 long, stop loss 30 points, target above 2860, (2887 long order in holdings) The article is sent with a delay, and the strategy suggestions are for reference only. Market conditions change rapidly, and regardless of how accurate the market judgment may be, it is essential to manage take profit and stop loss, lock in profits, #比特币行情观察 $BTC $GT $ETH #美联储会议纪要将公布 .