11.5 Morning ETH Analysis:

The divergence among Federal Reserve officials has widened, and the cooling expectation for a rate cut in December has pushed the US Dollar Index below the 100 mark, significantly pressuring cryptocurrencies; however, concerns about the stock market bubble and the risk of a US government shutdown still provide some safe-haven support for the market. In the short term, the bears have a slight advantage, and the auntie face is facing further corrections.

After breaking below 3055 yesterday, there is a short-term opportunity to short on a rebound. 3250-3300 is a key resistance that has previously suppressed bulls multiple times; the hourly chart shows that the moving averages may be in a bearish arrangement, with the 5-hour moving average forming resistance, and the previous support at 3500 turning into resistance after being broken. A rebound to this level is likely to encounter resistance, while support is noted at 3200-3300.

Operation strategy: Layout the order book for ETH around 3350 and 3300. #抄底币种推荐