Looking at the 4-hour K-line, the price has dropped from 3263 all the way down to 3041, a decline of 222 points, indicating clear oversold signs. Usually, after such a sharp drop, there will be a technical rebound, so in the short term, attention should be paid to signals of buying interest. The middle band of the Bollinger Bands at 3215 is a critical level and can serve as the first target for the rebound. Trading idea: Consider entering long positions in the 3040 to 3080 range, with the first target around 3130. If broken, the next target could be 3180. The premise is to ensure that this rebound is supported by trading volume, so as not to be hammered down from high levels.
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#ETH12月行情预测 Ethereum Evening Market Brief:
Looking at the 4-hour K-line, the price has dropped from 3263 all the way down to 3041, a decline of 222 points, indicating clear oversold signs. Usually, after such a sharp drop, there will be a technical rebound, so in the short term, attention should be paid to signals of buying interest.
The middle band of the Bollinger Bands at 3215 is a critical level and can serve as the first target for the rebound.
Trading idea: Consider entering long positions in the 3040 to 3080 range, with the first target around 3130. If broken, the next target could be 3180. The premise is to ensure that this rebound is supported by trading volume, so as not to be hammered down from high levels.