Cryptocurrency Circle Liying: On November 10, Ethereum Golden Cross! Is the hope of the bulls reignited? Latest market analysis and operational advice explained.

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Li Ying in the Crypto Circle: Latest Ethereum Market Analysis on November 10

Article Published on 2025.11.10------00:45

Before publication, the current price of Ethereum is 3510. Li Ying observes that the upward trend of Ethereum is gaining momentum in the short term, with increased trading volume further supporting price increases. The golden cross signal and the increase in trading volume create a bullish resonance, while the emergence of a engulfing pattern further confirms the short-term bullish sentiment. However, it is important to note that the price is approaching the upper Bollinger Band, and the RSI indicator is in the overbought zone, which may lead to a risk of a pullback in the short term. The price has broken through the short-term moving average, but Li Ying reminds everyone that the long-term moving average is still in a downward trend, indicating that the long-term trend has not completely turned bullish. The price has gradually risen from a low of 3456 to 3515 with consecutive bullish candles, showing strong short-term bullish momentum. The MACD on the 2-hour chart indicates a bullish short-term trend; the EMA on the 2-hour chart shows a bullish arrangement, suggesting that there is still room for upward movement in the short term. However, the long-term trend remains bearish, so resistance levels above should be considered for short positions.

Short-term Reference Points:

  • Short Position Entry: 3550, Stop Loss: 3600, Stop Loss Distance: 50 points, Target: 3450
  • Long Position Entry: 3450, Stop Loss: 3400, Stop Loss Distance: 50 points, Target: 3550

The above content is exclusively original by Li Ying. Please indicate the source when reprinting! Article publication review may have delays, and market conditions change rapidly. The above suggestions are for reference only, and risks are borne by the reader. We hope Li Ying's insights will be helpful to you!

The content of the article is time-sensitive and for reference only; risks are borne by the reader.

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