12.18 Concubine

In the early ETH market, short positions have occupied an absolute advantage, with continuous substantial outflows of funds. The price has completed a critical trend breakout, and the downward momentum is still being released. Without significant positive news or a massive influx of funds, the market will continue to decline, and the possibility of an accelerated drop cannot be ruled out.

Operational advice: Refer to the 2880-2920 range for phased short positions, with the first target looking towards around 2700, and if the pressure is strong, looking at the 2660-2620 range, where support has been validated multiple times and is a relatively good area for long positions $ETH $BTC #ETH走势分析 #加密市场观察