12.8 Ethereum Analysis
From a technical perspective, the lower Bollinger Band has stopped declining and stabilized, while the middle band maintains a moderate upward trend. This indicates that the market's downward momentum has mostly been exhausted, and it is highly likely to enter a phase of fluctuating upward movement.
It is worth noting that during the process of rising and then falling back, the K-line bodies have been continuously narrowing, and the important psychological level and support at 3000 points has not been broken. This shows that the bearish strength is weakening, and bullish capital has begun to actively position itself at lower levels.
The suggestion for Ethereum is to buy around 3000-3030, with targets at 3100, 3150, and 3200. Set a stop-loss below 3000. $BTC $ETH #比特币VS代币化黄金 #ETH走势分析 #美SEC推动加密创新监管
