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.
ETH-0.39%
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