Cryptocurrency Academy: The Ethereum long liquidation on November 27 has not yet ended. Be cautious and avoid risks. Refer to the latest market analysis.

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5 hours ago

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Scholar in the cryptocurrency circle: November 27, 2024, Ethereum (ETH) latest market analysis reference.

The current price of Ethereum is 3273. It is now 3:30 AM Beijing time. After the stop-loss yesterday, there have been basically no orders arranged. Ethereum has chosen to mainly observe, as the bearish trend is too obvious, and there is a tendency to challenge the 3000 mark again. In the face of such a volatile bullish trend, it is still important to prioritize survival and protect the chips in hand. Affected by the rotation of sectors, Ethereum has shown a triple top bearish indicator. Those who originally planned to go long at 3300 are safer to exit at break-even.

Currently, the daily K-line has a high of 3465 and a low of 3255. The market has moved in a one-sided manner. The first support below is the EMA15 trend line at 3215. The overall trend indicator is still a bullish indicator expanding upwards. The MACD volume is decreasing, and the DIF and DEA are contracting at a high level. If it breaks below 3200, it will form a death cross and impact the 3000 mark. The Bollinger Bands are contracting, with the upper pressure level at 3487, the middle support reference at 3195, and the lower support level at 2900. If the K-line breaks the previous low again before the 8 AM close, it will form a death cross.

The four-hour K-line has reached the support point of the rising trend line and the EMA60 exchange point above 3250. This can be used as a base point to determine the bullish and bearish indicators. The MACD is decreasing in volume with a top divergence approaching the 0 axis. The lower Bollinger Band support reference is 3255. The thought process can refer to this target. The DKJ is expanding downwards, and the overall trend is starting to contract. Be prepared with a red heart and two hands; if it breaks the key point, you can chase a short position. If it doesn't break, then start testing long positions, and set a stop-loss to exit if wrong.

Short-term reference: Safety first. Remember that the market is never 100% certain, so always set a stop-loss. Safety first; small losses and big gains are the goal.

For the upper range of 3400 to 3450, go short, with a defense at 3500 to 3550, stop-loss at 50 points, and target at 3350 to 3300. If it breaks, look at 3250 to 3200.

For the lower range of 3250 to 3200, go long, with a defense at 3150 to 3100, stop-loss at 50 points, and target at 3300 to 3350. If it breaks, look at 3400 to 3450.

Specific operations should be based on real-time market data. For more information, you can consult the author. There may be delays in article publication, so the suggestions are for reference only, and risks are borne by the reader.

This article is exclusively contributed by the scholar in the cryptocurrency circle and represents the scholar's unique viewpoint. In-depth research has been conducted on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the timing of the article's release, the above viewpoints and suggestions may not be real-time and are for reference only. Risks are borne by the reader. Please indicate the source when reprinting. Manage your positions reasonably and avoid heavy or full positions. The scholar also hopes that all investors understand that the market is always right. If you are wrong, you should reflect on where the problem lies. Don't let the profits that should be yours slip away. There is no need to be smarter than the market. When a trend comes, respond to it; when there is no trend, observe and remain calm. It is not too late to act once the trend becomes clear. Tomorrow's success comes from today's choices. Heaven rewards diligence, the earth rewards kindness, humanity rewards sincerity, business rewards trust, industry rewards excellence, and art rewards passion. Gains and losses often happen unexpectedly. Develop the habit of strictly setting stop-loss and take-profit for each trade. The scholar in the cryptocurrency circle wishes you happy investing!

Warm reminder: The above content is solely created by the author of the public account. The advertisements at the end of the article and in the comments section are unrelated to the author. Please discern carefully. Thank you for reading.

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