📊 Morning of December 6 - Ethereum #ETH Market Comprehensive Analysis and Latest Support and Resistance

Currently, the market is experiencing a mix of bullish and bearish factors, with conflicting technical signals, so you need to remain cautious.
• Bearish signals: The moving average system is showing a bearish alignment, and the MACD indicator formed a "death cross" below the zero line, followed by increased volume, indicating heavy selling pressure and weakening short-term momentum.
• Bullish signals: A "bullish engulfing" candlestick pattern has formed near $3,020, which may provide a basis for a short-term rebound. At the same time, on-chain data shows that "whales" (large addresses) are continuously accumulating ETH, which could bring potential support to the market.

💎 Summary and Reminders
In summary, Ethereum is currently at a critical juncture in terms of direction. For short-term trading, you can refer to the above support and resistance levels for high-sell, low-buy strategies, but be sure to use light positions and set stop losses. For medium- and long-term positioning, more patience is required, waiting for the market to provide clearer directional signals. $ETH