12.14 ETH Afternoon Market Analysis



I. Logical Support

1. Macro: After the Federal Reserve cuts interest rates, easing expectations cool down, risk assets lack liquidity, and ETH lacks incremental funds.
2. Technical: Narrow compression between 3050-3180, resistance at 3150-3180 during rebounds, declines supported at 3050, volatility remains low.
3. Market: Significant bullish and bearish divergence, selling pressure above, support from chips below, trading volume is light.

II. Trend Qualification

The trend is sideways with a bias to the downside, within the core range of 3050-3180, rebounds are weak, and the center of gravity is shifting downward, with no reversal signals.

III. Practical Objectives

1. Short (Primary)

- Entry: Resistance at 3150-3180 / break below 3080 with a rebound at 3090-3100
- Target: 3080→3050

2. Long (Cautious)

- Entry: Support at 3050-3060 with a stop-loss (Bullish engulfing + volume increase)
- Target: 3100-3120→3150-3160
BTC-1.32%
GT-0.28%
ETH-1.4%
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