$ETH 11.16 Evening ETH strategy analysis



Current price is 3168, with prominent bearish characteristics at the 4-hour level. The price continues to face pressure below the Bollinger Band middle line at 3210, currently experiencing a slight increase of 0.21%, which only indicates a weak recovery and has not exited the fluctuation range; although the MACD has slightly narrowed, it remains below the DEA, and the death cross pattern has not reversed; in conjunction with the daily line perspective, both the Bollinger Band and KDJ are synchronously opening downwards, indicating that bearish momentum has not diminished, with significant pressure from above.

Operation suggestion: Short near 3190-3220, target: 3100, 3050
#Gate10月透明度报告出炉
ETH-6,15%
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