December 10th, Sister Ting talks about ETH:
In just 4 hours, it has directly risen by 6.92%, breaking through the upper Bollinger Band, showing strong momentum, with a net inflow of 151 million USD. Market sentiment is somewhat optimistic, but short-term overbought risks should be noted. From a technical perspective, the upper Bollinger Band has broken 3372, which has a pullback pressure, while the middle band at 3162 is a key support level; as long as it holds, there is still upward space, and there is also significant pressure around 3397; short-term moving averages are diverging upwards, and the price is above the EMA7 with good momentum, although it is a bit far from the mean and may pull back; the MACD is still in the bullish zone but momentum is quickly weakening, and trading volume has not kept up, a breakthrough depends on volume support. Although there is a net inflow of funds, there are large sell orders at high levels, so don't be careless as the main force may use this opportunity to offload. The logic of ETH being supported by ETF and Layer2 in the medium to long term is sound, but short-term fluctuations should pay more attention to news.
Sister Ting's operational advice: Buy around 3310-3260,
Target at 3350, 3395
The strategy is effective, keep a close eye on the levels and don't hesitate; if unsure, just like and follow, feel free to ask Sister Ting anytime.
