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#ETH走势分析 11.27 Early Morning Ethereum Observation:



The recent rise of ETH is, to put it simply, a technical correction—short sellers have been continuously squeezed over the past two days, and passive stop-loss orders have pushed the price up. Don't mistake this for a trend reversal; the overall market is still oscillating in a weak zone, just a rebound after an oversold condition. The short-term resistance level is already quite apparent, and signs of fatigue in the upward movement are beginning to show.

Market sentiment has been heating up quite rapidly these past couple of days, and a fast pace often leads to peaks and pullbacks. Extra caution is needed during this phase.

Trading Idea: Consider lightly shorting in the range of 3070-3100, with the first target around 2980. If it breaks, further focus on the support at 2900.

$BTC $ETH $SOL
ETH3.99%
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FlashLoanPhantomvip
· 7h ago
You're right, this wave is the rebound of short positions getting liquidated, don't be fooled into it.
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BrokenRugsvip
· 7h ago
To be honest, it's just a scenario where the short positions are being squeezed out. Treat the rebound as just a rebound, and don't add drama to yourself.
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DataPickledFishvip
· 8h ago
Rebound is just a rebound, don't tell me about any repair, it will eventually fall back down.
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degenwhisperervip
· 8h ago
When the bears are squeezed out, they want to pull the plate, and this routine is the same every time, haha
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