Analysis of ETH on Friday Night, December 5



From the 1-hour timeframe, after two consecutive bullish candles, the pullback has basically ended. The lower Bollinger Band provides strong support, and there is a faint trend of breaking through the middle band. The KDJ indicator has turned upward and is about to overlap, while the bearish momentum is clearly weakening.

Personal suggestion, for reference only (set strict stop-loss)
ETH can be considered for long positions around 3120-3100, with a target of 3190-3250.
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