Ethereum (ETH) Precise Trend Analysis and Trading Suggestions (November 10th):

ETH has recovered the 3250 resistance level and reached the 3400 FVG target. For those increasing long positions, the 3250 resistance/support reversal point may be favorable after the reversal. If we break below the area around $3250, short positions will be triggered, returning to the initial impulse/support level around $3150. Analyzing the 4-hour Ethereum price trend, the recent price action shows an upward trend with fluctuations. The candlesticks on December 9th and 10th show consecutive positive closes with rising highs. The long lower shadow on December 8th followed by a rebound indicates strong buying support at lower levels. MACD: In the 4-hour timeframe, both DIF and DEA are above the zero line, but the histogram is gradually shortening, indicating weakening momentum. The daily MACD shows continued bullish volume and remains in an upward trend. The 4-hour RSI is 68, approaching the overbought zone, requiring attention to the risk of a pullback. The daily RSI remains around 70, indicating a strong market. EMA: The current price is trading above the EMA7, EMA30, and EMA120 moving averages, with EMA7 > EMA30 > EMA120 in a clear bullish trend. EMA7 (3280) is a short-term support level. 4-hour trading volume has decreased; at 16:00 on December 10th, the volume was 155,853, lower than previous candlesticks, indicating a more cautious market sentiment. Significant capital inflows accompanied the price breakout above key resistance levels. Ethereum (ETH) trading recommendations for December 10th: (Short first, then long) (Short first) Enter a short position near 3320, with targets at 3280-3250-3230. (Long later) Enter a long position near 3240-3250, with targets at 3280-3330-3380.