$ETH 2025-12-10, getting up early to go out and come back, looking at the market, after a surge last night, it touched the upper boundary of the downward channel. From the position, there should still be room above, the target near 3500 has not been reached, and the expected target for Bitcoin 98 has not been reached yet, so there should still be upward space. However, the risk-reward ratio is not high. In the case of a significant drop, there is still a few thousand points of space. For the second Bitcoin, there’s a risk of a significant drop with only about 100 points of space, which is not worth taking. It is recommended to remain observant during the day and wait for tonight's price action to enter the market.

Summary: Lightly test long positions above 3250-3280, first target 3500, second target 3600. If it directly breaks 3180 with high volume or quickly rebounds to 3500 with high volume, it can be shorted.

Resistance levels: 3350-3400-3500-3600

Support levels: 3250-3200-3150-3100

ETHUSDT

Perp

3,049.06

-4.03%