Tomorrow's ETH Market and Strategy

Market Overview

- Prices fluctuate around $3,000, with short-term direction yet to be determined. Resistance above: $3,033 / $3,166 / $3,479; support below: $2,988 / $2,835 / $2,659. If it can recover and stabilize above $3,166, a rebound is likely to continue; if it falls below $2,988, be cautious of a retest at $2,835.

Strategy

- Range Trading: Lightly buy near $2,980–$3,000, stop loss at $2,960, target at $3,033 / $3,166; lightly sell near $3,160–$3,180, stop loss at $3,200, target at $3,033 / $2,988.

- Breakout Following: Follow the trend with a 15-minute candlestick breakout above $3,166, with a stop loss at $3,140 and a target of $3,300 / $3,479; if it falls below $2,988, short with a stop loss at $3,010 and a target of $2,900 / $2,835.

- Positioning ≤10%, single trade risk ≤1%; event volatility is approaching, control leverage, and strictly enforce profit-taking and stop-loss.

Risks and Focus

- Monitor the progress of the Fusaka upgrade on December 3, which may enhance L2 adoption and bring volatility; also pay attention to ETF capital flows and changes in futures open interest, which can amplify directional effects.

Risk Warning

- Cryptocurrency assets are highly volatile; the above is a market analysis and trading reference, not investment advice; please make cautious decisions based on your own risk tolerance.