#ETH走势分析 $ETH

Looking at ETH’s chart on December 5, on the 5-day line level, the 2-day line has made a golden cross below the waterline. Yesterday, the price broke through the 12-hour EMA zero axis but failed to hold above it and pulled back again.

On smaller timeframes, both the 6-hour and 8-hour charts show a top fractal, and the 3-hour level has already formed a death cross at a high point. Now we need to wait for the 1-hour level to return near the zero axis, and then see if the 15-minute or 30-minute charts can produce an entry signal.

Resistance levels above: 3187, 3231, 3281, 3336
Support levels below: 3094, 3071, 3030, 2971

In terms of data, ETH long-short ratio is 1.40, and the market fear index is 28. In live trading, the long-short ratio is 47:53, and the total network data is 43:57, with bears holding a slight advantage.

As always—no entry without a setup, no position without a stop loss.

(The above is for reference only and does not constitute investment advice.)

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