12.02 Morning Small Wealth Child ETH Market

After experiencing a sharp drop, Ethereum is currently stuck at the 2793 level with weak fluctuations, with the 2800 level becoming the core key for short-term bullish and bearish battles—if it holds, a rebound will begin, but if it fails, it may test new lows again.

Previously, the price quickly dropped from 3052 to a low of 2718, then fluctuated back up to 2793, but the short-term trend remains unclear: the Bollinger Bands continue to narrow, indicating that the market is in a stage of direction selection; however, the MACD green bars are gradually narrowing, and the RSI indicator has exited the oversold area, releasing a weak signal for a rebound from overselling.

In the short term, focus on two key points: if it can successfully hold above 2800, the rebound space can directly look towards the 2850-2880 range; if the 2750 support level is lost, there is a high probability of revisiting 2700 or even lower areas.

Short positions must strictly set a stop loss at 2800; long positions should not rush to enter the market, but wait for confirmation of stability above 2800 before making a more secure layout. Before the market shows a clear direction, do not hold stubbornly; respond to fluctuations with rational position control. $BTC $ETH $BNB #加密市场观察 #ETH走势分析 #ETH巨鲸增持