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#比特币波动性 November 23 Ethereum Market Review — Personal observations, not investment advice



Today's ETH price action is quite interesting. After dropping to the $2,620 level early in the session, it quickly surged and is now steady around $2,815. But to be honest, this looks more like a technical rebound after an oversold drop—a typical move with shorts taking profits and bottom-fishing capital coming in. Don't rush to call it a reversal.

Looking at the daily chart, the downward channel is still in play. The upper boundary at $3,050 is a strong resistance, and the classic “breakout–retest–confirmation” sequence hasn’t even started. What's worse is the trading volume: look at those candlesticks around $2,880—volume has clearly shrunk. How far can this low-volume rally go? The real money hasn’t entered yet.

Keep a close eye on these key levels:
The $2,600 support line must hold; if it breaks $2,580, be ready for a move towards $2,500–$2,550. In the short term, watch if $2,880 can hold—if volume doesn’t pick up, a pullback is likely. The real dividing line is $3,050; only a breakout with strong volume and a sustained hold above that level would suggest a possible trend reversal.

For trading, just one principle: don’t chase the rally or panic sell. Focus on whether there’s volume to support a breakout at $2,880 and watch the bull-bear battle around $3,050. $BTC $ETH
BTC3.62%
ETH3.13%
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DataChiefvip
· 17h ago
The volume decrease in the uptrend indeed can't pump far; this wave still depends on whether it can eat away at 3050.
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FOMOSapienvip
· 17h ago
I understand this strategy of low-volume upward movements very well; the funds are all on the sidelines, so don't be fooled by false breakouts.
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LightningPacketLossvip
· 17h ago
The low-volume rally trick is getting old. If 2880 can't be broken, just keep shorting.
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AirdropATMvip
· 17h ago
Rising on reduced volume? Don’t kid yourself, the funds are still on the sidelines. If 2880 can’t be broken, it’ll have to return to the bottoming range.
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GasWastervip
· 17h ago
Rising on reduced volume, the funds haven't entered the market yet. This surge feels a bit weak.
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airdrop_huntressvip
· 17h ago
I've seen this low-volume rally trick many times, here we go again. --- Without increased volume, 2880 can't be broken. Still have to wait. --- 3050 is the real key level, don't be fooled by a rebound. --- With such poor volume, talking about a reversal is wishful thinking, my friend. --- Hold the line at 2600, this is the last defense.
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MevSandwichvip
· 17h ago
This low-volume rally tactic is getting old. I'll wait until 3050 is broken before making a move.
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