December 15th, Sister Ting discusses ETH:
The price is currently 3064.25 USDT, directly breaking below the middle Bollinger Band at 3133.97, with both EMA7 and EMA30 left behind. The 3130-3140 area has become a strong resistance zone. The Bollinger Bands are opening downwards, and the lower band at 3011.04 is currently the closest support. Although the MACD shows shorter green bars and the downward momentum is slightly easing, the dual lines are still resting below the zero axis, and the bearish trend has not changed at all.
There is not much new development on the fundamental side; this drop is driven by technicals and market sentiment, and the Ethereum ecosystem hasn't released any major positive news to save the situation. The price is currently hovering below the moving averages, lacking strength for a rebound, and the bearish selling pressure is still ongoing, with market sentiment being entirely cautious and pessimistic.
Sister Ting's operational suggestion: Short directly near 3076-3112,
First target at 3030, then at 2990!
The strategy has time sensitivity, keep an eye on the levels and don’t hesitate. For friends who are unsure, like + follow, and feel free to consult Sister Ting anytime.
