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#加密领域市场回调 Ethereum's recent trend is quite interesting. The bullish belt hold on November 7 directly broke through the previous consolidation area, and then continued to move upwards on the 8th, showing a clear bullish momentum. Now the price is approaching the key level of 3450, which has always been a bit tough to chew on.
However, looking closely at the one-hour chart, the short-term surge seems a bit hasty. Although the MACD's DIF and DEA are both above the zero axis, the red bars have clearly started to shrink - indicating a weakening of bullish momentum. I judge that today we are likely to first test the resistance level upwards, and if the pressure is confirmed to be effective, a subsequent pullback would be a normal trend.
From a strategic perspective, the range from 3380 to 3420 can be considered for placing long positions, with an initial target around 3520. Of course, specific adjustments should still be made based on the live market.