Ethereum Market Analysis on December 2nd: After the Rebound, the fall continues, short order layout opportunities.

From the market chart, it can be seen that Ethereum is currently at 2738, having fallen about 8.4%. The price has rapidly declined from a recent high of 3052, and there are no obvious signs of a stop in the fall. In the short term, there may be a small rebound in price, but overall, the market is still under bearish control. The current price is close to the lower band of the Bollinger Bands, and while the lower band often indicates an oversold signal, under the context of strong downward movement, this rebound is likely to be a bull trap, providing an opportunity for short orders.

Currently, both the DIF and DEA in the MACD are in the negative zone, indicating that the market is still in a bearish trend. The fast line is below the slow line, and the negative area shows that the selling pressure in the market far exceeds the buying pressure. The rebound is more of a short-term correction rather than a trend reversal.
The current price is close to the support level of 2718. If the price breaks through this support level, it may accelerate the fall and open up further downside space.

Bitcoin: short order at 85000-85500, target: 83300-82800
Ethereum: 2745-2800 short order. Target: 2680-2620#成长值抽奖赢iPhone17和周边 #十二月行情展望 $BTC ‌$ETH ‌