December 13 Market Analysis



Yesterday during the daytime session, there was a brief rebound, but it was suppressed around 3265 and unable to break through. After the US stock market opened in the evening, there was a slight rally, followed by a rapid decline, with ETH dropping nearly 200 points. I reminded everyone yesterday to focus on shorting during rebounds. Although it didn't reach the ideal levels, the market is still following the strategy I suggested. Both longs and shorts made profits yesterday. Today is the weekend, and the market is mainly volatile, so there probably won't be significant fluctuations. Look for low buy-in points and high sell points, and aim for small swings. It’s best to stay cautious and observe. Rest well over the weekend and wait for the direction tomorrow afternoon…

Today's trading suggestion: Mainly observe
ETH first support at 3055, second support at 3012
First resistance at 3096, second resistance at 3130
Note: Personal suggestions are for reference only and do not constitute trading advice. Trading involves risks. Use stop-loss orders when opening positions.
ETH-3.82%
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