Cryptocurrency Academy: On November 14, the oversold rebound in the bearish trend of Ethereum (ETH), why position and exit are more important than direction

This article provides a structured review of the current Ethereum market. It is purely a technical analysis suitable for friends looking to clarify their thoughts for reference. First, I will explain the current market background in simple terms; then I will analyze daily cycle price, moving averages, MACD, and Bollinger Bands data; and provide two reference plans for bullish and bearish scenarios, indicating their respective stop-loss and target levels. If after reading you have a clear judgment on "what trend we are currently in, where the key positions are, and what to do if we're wrong," then this article has been worthwhile.

The daily K-line TD structure shows a 9. The price has fallen below all EMAs, with short, medium, and long-term moving averages in a bearish arrangement. The MACD double lines continue to open downward below the zero axis. The Bollinger Bands are diverging downward, with the middle track at 2218 and the upper track at 2464, while the price has fallen below the lower track at 1972. Overall, the daily line is still in a clear downtrend; the rebound has not reversed the structure, and the recent low of 1893 is the nearest support and resistance line.

The four-hour K-line moving averages continue to layer pressure above the price: EMA15 is at 1997, EMA30 is at 2052, EMA60 is at 2126, EMA90 is at 2175, and EMA120 is at 2214, with the bearish arrangement unchanged. The downward momentum of the MACD has weakened, but the double lines are still below the zero axis. The Bollinger Bands have the lower track at 1918, the middle track at 2018, and the upper track at 2119, with the price running close to the lower track. In the short term, there is weak stabilization above 1893, but to confirm a rebound, it must first stand back above the middle track and the EMA15; otherwise, it can only be regarded as a consolidation during the downtrend.

Short-term reference:

Moving north from 1920 to 1880 is blocked, stop loss 30 points, target viewing from 1980 to 2030

Moving south from 2020 to 2060 stagnates, stop loss 30 points, target viewing from 1980 to 1930

Specific operations should be based on real-time data from the market; for more information, you can consult the author. The publication of the article may be delayed, suggestions are for reference only, and risks are borne by you.

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