#ETH走势分析 Midday observation on December 1

The current price is hovering around 2830. Although the downtrend has slowed down after consecutive bearish candles on the four-hour chart, do not be misled by this appearance—this is not a true bottom, but rather a temporary breather for the bears.

From the daily chart, the long upper shadow has clearly marked the resistance level, and the body has directly broken below the original trend channel. Looking at the broader environment: regulatory tightening continues, and market liquidity is becoming increasingly tight. These two negative factors combined make it difficult for the overall weak pattern to undergo fundamental changes in the short term.

So a rebound? It's still a good opportunity to short.

[Operating Strategy]
You can lay out short positions in the range of 2870-3020.
Bearish targets: 2780, 2730

We need to continue observing the flow of funds and changes in trading volume in this wave of price movements.