12.15 ETH Midday Brief Analysis of Trend Overview:
The market dipped to 3022 in the early session and quickly rebounded to 3150, facing resistance. Currently, it is oscillating between 3110-3130, showing a "bottoming out and rebounding + sharp rise and fall" pattern, with intense bullish and bearish battles. Key Levels: Resistance zone: 3140-3150 as short-term resistance. Only after a successful breakout can we look towards 3180-3200. 3150 is the intraday support and resistance boundary. Support zone: 3110 as the current lower boundary of the oscillation. If broken, the next support is 3080-3090. 3022 is the strong intraday support and the bottom line for bulls. Trading Ideas: Long on dips: If the price stabilizes within 3110-3120, consider entering with a small position, stop loss below 3100, target 3130-3150; if it falls back to 3080-3090, try to buy low, stop loss below 3070. Short on rebounds: If the rebound is resisted at 3140-3150 resistance zone, consider shorting with a small position, stop loss above 3155, target 3110-3080. Follow the breakout: If volume breaks below 3100, go short accordingly, target 3070-3080; if it strongly breaks through 3150, wait for a pullback then go long, target 3180-3200. Risk reminder: Be cautious about chasing gains or cutting losses before the zone is broken. All operations must include stop losses, and position sizes should be strictly controlled.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12.15 ETH Midday Brief Analysis of Trend Overview:
The market dipped to 3022 in the early session and quickly rebounded to 3150, facing resistance. Currently, it is oscillating between 3110-3130, showing a "bottoming out and rebounding + sharp rise and fall" pattern, with intense bullish and bearish battles.
Key Levels: Resistance zone: 3140-3150 as short-term resistance. Only after a successful breakout can we look towards 3180-3200. 3150 is the intraday support and resistance boundary. Support zone: 3110 as the current lower boundary of the oscillation. If broken, the next support is 3080-3090. 3022 is the strong intraday support and the bottom line for bulls.
Trading Ideas:
Long on dips: If the price stabilizes within 3110-3120, consider entering with a small position, stop loss below 3100, target 3130-3150; if it falls back to 3080-3090, try to buy low, stop loss below 3070.
Short on rebounds: If the rebound is resisted at 3140-3150 resistance zone, consider shorting with a small position, stop loss above 3155, target 3110-3080.
Follow the breakout: If volume breaks below 3100, go short accordingly, target 3070-3080; if it strongly breaks through 3150, wait for a pullback then go long, target 3180-3200. Risk reminder: Be cautious about chasing gains or cutting losses before the zone is broken. All operations must include stop losses, and position sizes should be strictly controlled.