📊 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 ba