$ETH 2025-12-07, yesterday was Saturday and the performance remained stable with no fluctuations. Today is Sunday, and in the afternoon or evening, there should be a pin action followed by a trend. If the previous trend continues, it indicates a downward trend. However, based on the market data from the past two days, the probability of a breakout to the north is relatively higher since the last wave did not reach the critical resistance level. The support at the 3000 integer level is strong, and there are significant positions at the 2990-2980 levels, making the shorting risk-reward ratio slightly higher. Today's strategy remains consistent with yesterday's, but care must be taken to prevent pin actions. Additionally, closely observe the support situation at 2970-3000; as long as it tests without breaking, one could consider a small long position. The next wave should break through 3250-3300. If it drops below 2970 and the main support is released, it might directly waterfall to around 2820. From a timing perspective, maintaining a fluctuating upward channel aligns well. In summary, either wait for a right-side breakout or make a short stop-loss for a larger risk-reward ratio; holding positions without any significance is meaningless. If it truly breaks through the critical support, it’s better to wait for the dip to confirm a bottom before making a rebound trade to capture the entire move.
Summary:
Small range: 3020-3070, go high on shorts and low on longs, set strict stop losses with a narrow ten-point stop; if a pin action occurs, switch to a wait-and-see approach. Each time it reaches a position, close part of the position while leaving a base position for a breakout. Once it breaks through or falls below, there is roughly 300 points of space in either direction.
Resistance levels: 3075-3100-3150-3200-3300
Support levels: 3000-2975-2900-2820-2770

ETHUSDT
Perp
3,069.27
-3.29%