12.12 Daytime Outlook:
Yesterday after the US market opened, ETH briefly dropped to 3143, then quickly surged, reaching a high of 3272 in the early morning, with strong support at the lower boundary.
ETH Long Positions: Go long around 3190, add around 3160, stop loss at 3085. For aggressive traders, enter around 3220. Recommended profit target: 30-80 points.
ETH Short Positions: Go short around 3305, add around 3340, stop loss at 3380.
Do not over-leverage, set proper stop losses, and pay attention to position management.

The decision on whether to cut interest rates will be announced early this morning. Volatility may be quite high, so everyone should manage their positions accordingly.

Whether the rate cut will ultimately be implemented remains uncertain, leading to intense battles between bulls and bears. Significant volatility is expected in the next couple of days. The overall trend is still bullish, so it is recommended to consider going long on dips.

Welcome brothers and sisters to the live stream. Every day, we share key levels in the live stream. Let's take on the challenge together.