December 2, Tuesday night market observation: #ETH走势分析

First, let's look at the 4-hour level. The Bollinger Bands are narrowing and moving downwards, the MACD indicator is weakening, and the bearish strength is being released but shows signs of slowing down. The KDJ has generated a golden cross signal and is starting to rise upward.

Switching to the 1-hour timeframe. The Bollinger Bands continue to maintain a downward stance. The MACD histogram has turned upward, and the bullish and bearish momentum is switching. The KDJ golden cross is gradually confirming, with clear signals of a short-term rebound.

Tonight's operation idea:

$BTC can consider laying out short positions in the range of 87400-87900, with an initial target of 86300, and if broken, continue to look at 85300.

On the Ethereum side, 2830-2860 is a good short position, with support levels to watch at 2780-2750 below.

Long and short conversion node, strictly set stop loss.