Duoduo ETH Market Analysis (Personal opinion, open for discussion)
Upper resistance level: 3097 is strong resistance. If it breaks through and falls back to 3069, look at 3120-3150 (beware of false breakouts).
Lower support level: 3030 is strong short-term support; as long as it doesn't break, the bullish outlook remains.
Hourly chart consolidation range:
Bullish range: 3060-3120
Bearish range: 3075-3050-3030
First support: 3050
Second support: 3030
First resistance: 3097
Second resistance: 3120
Short position entry suggestion: 3070 pending short, stop loss 15 points
Take profit: 3050-3030
Lon

People in the city circle are really easy to fool.
3000 down to 27, just back to 28 and it's strong again
A 10% drop isn't considered a drop, while a 2% rise is called a bull market struggling to survive just a bit. Once there’s a crash, it’s clear that Ethereum is indeed a feeble man. There's been a one-day rebound in a week, but that’s it.

Japan's interest rate hike expectations have caused a collapse in the crypto world, blindly following the trend to sell coins at this moment will result in Rekt!
The Governor of the Bank of Japan, Kazuo Ueda, along with several members, has been intensively releasing hawkish signals. The market expects that an interest rate hike in December or January next year is almost a certainty, which has strengthened the yen and pushed Japan's short-term government bond yields to a 16-year high.
1. This statement has triggered a global stock market and crypto market crash today. The core reason i

Starting from today until January 5th next year, the market has entered the time of year with the worst liquidity again, due to a series of holidays including Thanksgiving, Black Friday, Christmas, and New Year's Day, the market participation...
There is a certain decrease in participants.
In December of 2023 and 2024, BTC reached new highs.
December of 2022 was the lowest point of the bear market.
Let's see about 2025 this time.

Is the Fed's hawkish statement a smokescreen? Top market makers conspire in the early morning, a violent pump may happen next week!
Family, I just saw the news: the possibility of the Fed cutting interest rates in December has dropped "off a cliff"! The Chicago FedWatch tool shows that the probability of a 25 basis point cut is only 46.4% now, breaking below 50% for the first time in a month! What impact will this have on the crypto market?
When the Fed tightens (lowering interest rate expectations = less potential future liquidity), global risk assets all shake. Look at Bitcoin, it direct

BTC and Ether are continually probing for new support levels, but observant frens should notice that a significant portion of altcoins are not following the fall, which is an intriguing signal.
To avoid misleading others, I will say a few words of nonsense. The first scenario is that BTC and Ether hit the bottom and rebound with fluctuations, while altcoins quickly rebound and then welcome another wave of market activity.
The second type is Bitcoin, Ether has fallen again, crashing hard, and altcoins have completely collapsed.
What I am saying is all about possibilities or probabilities; this

Super Data Week is coming: Fed minutes, non-farm payrolls + Nvidia earnings report all hitting together, while Saudi Crown Prince's visit to the US adds more geopolitical variables.
This week, the global financial markets will be hit with an "information bombardment": clues on Fed policy, inflation data from multiple countries, the US non-farm payroll report, and the Nvidia earnings report will be released intensively, combined with geopolitical events such as the visit of the Saudi crown prince to the US, leading to heightened volatility risks.
On Monday, the November New York Fed manufac

Why did the market suddenly big dump? Is it going bearish?
Yesterday, both the US stock market and the cryptocurrency market saw a fall, with Bitcoin dipping to a low of $106,305.
The main reason for the fall is that Federal Reserve Chairman Powell said there may not be a rate cut in December, which has caused a certain level of panic in the market in the short term.
In the past 24 hours, the entire network has seen a liquidation of 1.1 billion USD, with long positions liquidated at 958 million and short positions at 140 million, mainly driven by long position liquidations.
The Fear and Greed