Ethereum's performance today has been a roller coaster—rising to 3272.43 USD in the morning, then turning around and dropping sharply to 3183.33 USD, followed by a tentative rebound around 3240. What does this pattern indicate? Weak correction after a rapid decline, with the bears still in control.
From the candlestick patterns, during the rebound, the real bodies of the candles are getting smaller, while the upper shadows are getting longer—classic signs of excessive selling pressure. The 3272 level simply can't be broken, lacking genuine buying support. And that long lower shadow at 3183? It's just short-term bottom-fishing funds stepping in—don't be fooled by it; the risk of a rebound trap remains quite high.
**Key Level Analysis**
Upper resistance zone: 3260-3272 USD (repeatedly halted), breaking through this would mean the next zone is 3280-3300;
Intermediate support (relatively fragile): 3220-3230 USD, a break here could lead to further declines;
Lower strong support: 3183-3200 USD, the genuine buy zone today, with relatively solid momentum.
**Trading Strategy**
Mainly short on rebounds, with light long positions at the bottom:
1. **Short entries**: If the 3260-3275 range shows signs of resistance (such as bearish engulfing, long upper shadows), consider shorting with a stop above 3280. The first target is 3200-3230; if it can't hold here, look further down to 3175-3185.
2. **Long attempts**: If the 3190-3200 zone shows signs of stabilization (such as bullish engulfing, long lower shadows), try small longs to test the waters, with a stop below 3180 and targets at 3240-3250. When reaching 3270, lock in profits immediately.
**Risk Warning**
With such a large intraday amplitude, quick shifts between long and short positions happen often. Be sure to treat stop-loss and take-profit orders seriously. Keep your positions to a maximum of 30%, leaving some bullets for unexpected volatility.
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ForkPrince
· 12-14 13:55
Another rebound trap, 3272 can't hold, the bears are really clever at playing this.
View OriginalReply0
HalfIsEmpty
· 12-14 00:57
It's another rebound trap. I've already said that the bears won't let go.
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ConsensusBot
· 12-12 05:10
It's that roller coaster rhythm again, I really can't hold on... When 3272 dropped, I thought we were going to break below 3200, but it was just a rebound playfully teasing us again.
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TokenomicsTinfoilHat
· 12-12 05:09
It's unbelievable if 3272 can't be broken; the bears are really done for. The rebounds are all lies.
View OriginalReply0
LiquidatedTwice
· 12-12 05:07
Another rebound trap, the bears are still eating meat. Those testing the bottom should be cautious.
View OriginalReply0
MemeCurator
· 12-12 05:02
It's really frustrating that 3272 can't be broken, it feels like a repeated harvesting.
View OriginalReply0
DeFiDoctor
· 12-12 04:58
The consultation record shows that today's clinical presentation of ETH is a typical rebound weakness syndrome—unable to break 3272, with lower shadows being false signals for buying. Don't be fooled. It is recommended to try a small position, with a maximum of 30% of your holdings. Stop-loss and take-profit should be executed strictly; otherwise, the risk of subsequent complications is quite high.
View OriginalReply0
BlockchainFoodie
· 12-12 04:42
honestly eth's moving like a poorly proofed sourdough rn—all that rise and collapse, zero structure. that 3272 resistance is basically burnt crust, nobody's actually biting. the real question is whether this "reversal" has actual proof-of-freshness or if it's just another reheated leftovers situation... ngl the 3183 bounce screams "kitchen prep discard" energy, not real buyers 💀
#加密生态动态追踪 12.12 $ETH Afternoon Market Quick Review
Ethereum's performance today has been a roller coaster—rising to 3272.43 USD in the morning, then turning around and dropping sharply to 3183.33 USD, followed by a tentative rebound around 3240. What does this pattern indicate? Weak correction after a rapid decline, with the bears still in control.
From the candlestick patterns, during the rebound, the real bodies of the candles are getting smaller, while the upper shadows are getting longer—classic signs of excessive selling pressure. The 3272 level simply can't be broken, lacking genuine buying support. And that long lower shadow at 3183? It's just short-term bottom-fishing funds stepping in—don't be fooled by it; the risk of a rebound trap remains quite high.
**Key Level Analysis**
Upper resistance zone: 3260-3272 USD (repeatedly halted), breaking through this would mean the next zone is 3280-3300;
Intermediate support (relatively fragile): 3220-3230 USD, a break here could lead to further declines;
Lower strong support: 3183-3200 USD, the genuine buy zone today, with relatively solid momentum.
**Trading Strategy**
Mainly short on rebounds, with light long positions at the bottom:
1. **Short entries**: If the 3260-3275 range shows signs of resistance (such as bearish engulfing, long upper shadows), consider shorting with a stop above 3280. The first target is 3200-3230; if it can't hold here, look further down to 3175-3185.
2. **Long attempts**: If the 3190-3200 zone shows signs of stabilization (such as bullish engulfing, long lower shadows), try small longs to test the waters, with a stop below 3180 and targets at 3240-3250. When reaching 3270, lock in profits immediately.
**Risk Warning**
With such a large intraday amplitude, quick shifts between long and short positions happen often. Be sure to treat stop-loss and take-profit orders seriously. Keep your positions to a maximum of 30%, leaving some bullets for unexpected volatility.