Cryptocurrency Circle Liying: On November 16, Ethereum's 2-hour high point has shifted down, and the low point has reached a new low! Let's work together to get through the winter! Latest market analysis and operational advice.

CN
4 hours ago

Liying in the Crypto Circle: Latest Ethereum Market Analysis

Article Published on 2025.11.16------00:45

Before publication, the current price of Ethereum is 3173. Liying observes that the current market shows a downward trend for Ethereum, with technical indicators displaying clear bearish signals. The appearance of a two-hour evening star pattern and the bearish arrangement of MA/EMA indicators indicate significant downward pressure in the market. However, Liying reminds everyone that the trading volume has not increased correspondingly, reflecting a relatively low market sentiment, which may impose certain limitations on the downward space in the short term. Additionally, 3055 serves as a strong support level from previous lows, and its effectiveness should be closely monitored.

The two-hour downtrend shows progressively lower highs and lower lows, forming a short-term weak pattern. The MACD's bearish strength on the two-hour chart is weakening, but the bulls have not yet taken control. The short-term EMA is showing significant resistance, and the medium to long-term trend remains bearish. Thus, it can be seen that the market has entered a consolidation phase in the short term, but the trend remains bearish. Therefore, Liying's strategy is simple: if the highs encounter resistance, consider opening short positions while ensuring proper risk control.

Short-term Reference Points:

  • Long position entry at 3150, stop loss at 3100, stop loss of 50 points, target at 3250.
  • Short position entry at 3250, stop loss at 3300, stop loss of 50 points, target at 3100.

The above content is exclusively original by Liying; please indicate the source when reprinting! There may be delays in article publication review, and market conditions change rapidly. The above suggestions are for reference only, and risks are borne by the reader. Liying hopes to be of help to you!

The content of the article is time-sensitive and for reference only; risks are borne by the reader.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink