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11/3 ETH Market Analysis



From the weekly perspective, the ETH weekly closing this week is not optimistic and did not manage to rise, leading to a direct drop of 200 points after the weekly close. Currently, the strong support on the weekly chart is around 3700. If this level cannot be maintained this week, it will test the support around 3300.

From the daily perspective, there hasn't been much fluctuation over the weekend, and the trading volume is also insufficient, with no obvious bullish signals appearing.

Trading suggestion: Overall weak trend, it is recommended to focus on short positions.
ETH0.82%
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