Zhang Lihui, edited at 5:20 AM Beijing time on December 5: Today's Ethereum (ETH) market analysis and trading suggestions:

The Ethereum price rebounded to a high point yesterday as Lihui anticipated, encountering resistance at the crossover of the 4-hour EMA220 and MA220, and then retracing. The RSI has three lines trending downward, indicating short-term rebound momentum. For those who have entered high short positions, Lihui suggests reducing holdings. The short-term 4-hour upper band coinciding with the EMA220 and MA220 may form a high point resistance this week. Whether the shorts can be held for long depends on whether the MACD can form a death cross with decreasing volume! On the downside, continue to monitor whether the market can break through the EMA120 and lower band positions on the second test. At the bottom, consider MA120 support; if broken, a long-term short position can be taken. If not broken, continue to consider entering short-term long positions. The KDJ three lines are crossing downward, indicating continued retracement space below! On the upside, it is recommended to continue monitoring the EMA180-EMA220 range for short entries, with a stop loss above the previous high!

Today's Ethereum short entry point one: Short above 3170, stop loss at 3245; targets at 3110-3065-3010; if broken, hold shorts at 3000-2970;

Today's Ethereum long entry point one: Light long below 3010, stop loss at 2950; targets at 3070-3150-3210; if broken, look at 3225-3045 to continue holding. Specific entry opportunities for long positions can be followed through Lihui's real-time updates!

There may be delays in article review and push notifications; the market changes rapidly. Specific entry opportunities must be combined with real-time operations, and notifications should be considered as the standard. The suggested entry points in the article are for reference only; do not operate with heavy positions. Please set take profit and stop loss when entering, and take profits when favorable!

I, Lihui, interpret world economic news and analyze global cryptocurrency trends. During my studies in the U.S., I conducted in-depth research on cryptocurrencies such as BTC, ETH, LTC, DOT, EOS, BNB, and SOL. For those who are unsure about trading, feel free to leave comments! This article is exclusively published by (public account: Zhang Lihui) for reference only; risks are to be borne by the reader. May we remain humble and brave in the complex cryptocurrency world, unafraid of challenges and willing to explore. As the saying goes, "The road ahead is long and has no ending; yet high and low I'll search with my will unbending." I hope we keep pace with the times, draw wisdom, travel thousands of miles, weather storms, and gain insights into life.

May you, under Lihui's guidance, leverage strengths and avoid weaknesses, create value, and remember the market's baptism, staying true to your original intentions. In the wave of digital currency, may we hold onto our beliefs, forge ahead, and together compose a brilliant future, sharing the joy of success. Let us work hand in hand to create brilliance in this investment journey filled with challenges and opportunities!

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