December 11 Early Morning ETH Forecast and Analysis

After completing the bottoming process, ETH experienced a unilateral rally and is now pulling back to around 3386.43 for consolidation. Overall, it is in the retracement phase of the short-term upward trend. Liquidity was relatively low in the early morning, and capital focus is on the core oscillation zone of 3350-3400. This range serves as the relay support and short-term resistance turn. The breakout direction will determine the rhythm of the early morning trend.

Bullish
- Entry zone: 3350-3380 (retracement support after the rally, also the previous concentrated funding zone)
- Target zone 1: 3400-3420 (key resistance for short-term trend extension)
- Target zone 2: 3450-3470 (extension target of the previous oscillation upper boundary)
- Stop loss: 3320 (a break below weakens the short-term upward structure)

Bearish

- Entry zone: 3400-3420 (resistance zone where short-term upward momentum faces pressure, selling pressure gradually accumulates)
- Target zone 1: 3370-3380 (current consolidation pivot support)
- Target zone 2: 3330-3350 (core oscillation zone before the rally)
- Stop loss: 3450 (a breakout would invalidate the bearish trend)

Risk Reminder

1. Liquidity was insufficient in the early morning, and prices may experience slight spikes within the core zone. It is recommended to use limit orders to avoid slippage.
2. ETH has strong correlation with BTC; monitor BTC's breakout to avoid misjudging the trend of a single asset.
3. Until ETH breaks above 3420 or drops below 3350, mainly trade within the range, strictly control positions, and avoid blindly chasing gains or cutting losses. #美联储降息预测 #广场发帖领$50 #加密市场反弹