#美联储重启降息步伐 Is the ETH rebound signal here? 3178 could be an opportunity

ETH Trend Observation on December 5:
On the 15-minute chart, there is a clear bottoming action. After pulling back to 3160, volume started to increase, and the 7-day and 25-day moving averages are providing support below. This kind of retracement is actually quite normal. On the daily chart, although the MACD red bars are slightly shrinking, the middle band of the Bollinger Bands at 3150 is still providing solid support. On the 1-hour chart, the KDJ indicator has already started to turn up from a low position, so in the short term, entering on a pullback has a good risk-reward ratio.

The market is usually relatively quiet on weekends, so it's recommended not to go all-in at once.

Reference levels: enter in batches in the 3165-3150 range, target around 3220. If it falls below 3130, pay attention to the risk. $ETH $BTC $BNB