12.3 Evening Layout Analysis Suggestions

The midday market is basically stable, and we can seize opportunities during stability. The only lesson in the cryptocurrency world is not to be greedy; a small profit is still a profit. If you need to cut losses, you must cut losses. Today is another day of small profits.

Currently, we are in a clear downtrend, and technical signals indicate significant market weakness. The appearance of the Evening Star pattern and the death cross of the moving averages have formed a strong bearish resonance signal. The continued shrinkage of trading volume further weakens the possibility of a rebound, indicating that the market may continue to test the support level below in the short term. However, market sentiment and volatility indicators show balanced sentiment.

Bitcoin: 92300, short near 92600, looking down at 90000

Ethereum: 3070, short near 3100, looking down at 2900#ETH走势分析