November 6 Big Pie - ETH Post-Mortem Thoughts

The current market shows a dominant pattern of bullish candles, with clear signs of a strong rebound. After the previous price drop to a low point, it has entered a phase of oscillating and slow rising. During the rebound from the bottom, there is a concentration of lower shadows on the bearish candles, confirming that the short-term support below is solid; the lower Bollinger Band has shown signs of turning upward, indicating a subtle shift in trend.

Looking at the 1-hour level, the Bollinger Bands are in an expanding formation, suggesting a possible breakout in the short term; the price has shown a four consecutive bullish trend with a fluctuating upward movement, and the middle and upper bands are diverging upward, indicating a continuous release of bullish momentum. Ethereum and Bitcoin's market performance is highly synchronized, showing significant correlation.

Pancake operation suggestion: Pullback near 103200-102500, look up to around 104500-106000, if it breaks through, continue to look up.

ETH operation suggestion: Pullback near 3390-3320, look up.
Around 3500-3650, if it breaks through, continue to look upwards.
#十二月降息预测