This wave of correction still looks healthy. The resistance line was not drawn today; it was marked earlier. The resistance level has turned into a support level, in simple terms, it's a reversal logic.

My focus is on whether the 3060 line is broken. If it breaks below, then look just above 3000; if 3000 is also lost, this rally will basically be over. That's my simple idea. I didn't enter today; I can only speculate. At home, I’m dealing with idle stuff, preparing to go back for the New Year.

Honestly, in this kind of market, it's better to avoid shorting even if going long might lose money. There are probably many short positions trapped between 2950 and 3000, and the same between 3000 and 3050. If it drops further, there might be another push to shake out the shorts.

I'm not saying that the market makers are deliberately triggering short squeezes; it's just that the market's trend usually follows this pattern. We've already stabilized above 3000. Looking for a short here feels illogical and doesn't fit my usual habit of chasing rallies and cutting losses. The spike has already appeared, and 3060 has held. This isn't a hindsight analysis; I mentioned this in last night's live stream, and today I shared the same idea with my friends. He entered at 80 dollars. Currently, it's stable above 60, and ETH continues to take off—just fine. As for ETH, let's aim for 3500 directly. It might sound a bit wishful thinking now, but having dreams is part of it.

Try 3250 above; if the pullback doesn't break below 3150, that would be ideal. Keep pushing towards the resistance level. But also be cautious of a second dip, possibly revisiting around 3060 or slightly above to consolidate. That's all for today’s market update.