On 11.21, after 2624, ETH was suggested to have bottomed out; on 12.11, before 3447, a top was anticipated. Friends who followed the rhythm and bought in on 12.19 are now enjoying profits exceeding 16%+, and even those who entered during the late-stage volatility at the end of the month have already gained over 10%.
In the Sunday video, it was mentioned that ETH faces strong resistance around 3240-3250. Today’s market confirmed this view, with the price rising to around 3220 before pulling back. The subsequent operation plan is as follows:
If in the next two days ETH tests the 3240-3250 line again and cannot break through effectively, ETH may face a short-term correction. After the correction ends, it could continue to rise. Based on this, two possible trends are:
Blue route: ETH continues to consolidate sideways and completes the correction in the short term, then resumes upward movement, breaking through 3240-3250 and stabilizing above it. The original target of 3700 and 3800 remains unchanged.
Red route: ETH experiences a deeper pullback and takes longer to recover. In this case, our expectation for the entire rebound from 2623 on the daily chart should be lowered. If it reaches near the previous high or breaks through and shows clear signs of topping, the upward trend may end.
If in the next two days a strong bullish candle breaks through 3240-3250, that’s even better, indicating a stronger version of the blue route. The target of 3800 or even 3900 is very likely to be achieved.
Everyone’s cost, position, and mindset are different, so trading strategies will vary. Those with higher costs should consider the possibility of following the red route for risk control. Friends with good costs and large positions can consider reducing some holdings when facing obvious resistance at the indicated pressure levels or near previous highs.
Market analysis & practical operation—I can say I’ve shared everything I know. The enticing returns in the crypto market often come with equal risks. Ultimately, trading is like a small boat that relies on oneself to steer. I hope everyone can reach the other side safely.
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In the Sunday video, it was mentioned that ETH faces strong resistance around 3240-3250. Today’s market confirmed this view, with the price rising to around 3220 before pulling back. The subsequent operation plan is as follows:
If in the next two days ETH tests the 3240-3250 line again and cannot break through effectively, ETH may face a short-term correction. After the correction ends, it could continue to rise. Based on this, two possible trends are:
Blue route: ETH continues to consolidate sideways and completes the correction in the short term, then resumes upward movement, breaking through 3240-3250 and stabilizing above it. The original target of 3700 and 3800 remains unchanged.
Red route: ETH experiences a deeper pullback and takes longer to recover. In this case, our expectation for the entire rebound from 2623 on the daily chart should be lowered. If it reaches near the previous high or breaks through and shows clear signs of topping, the upward trend may end.
If in the next two days a strong bullish candle breaks through 3240-3250, that’s even better, indicating a stronger version of the blue route. The target of 3800 or even 3900 is very likely to be achieved.
Everyone’s cost, position, and mindset are different, so trading strategies will vary. Those with higher costs should consider the possibility of following the red route for risk control. Friends with good costs and large positions can consider reducing some holdings when facing obvious resistance at the indicated pressure levels or near previous highs.
Market analysis & practical operation—I can say I’ve shared everything I know. The enticing returns in the crypto market often come with equal risks. Ultimately, trading is like a small boat that relies on oneself to steer. I hope everyone can reach the other side safely.
#加密市场开年反弹 $ETH