12.10 Evening ETH Market (19:00)

• Current Price: 3316 USDT, 24h increase of about 6.15%; after peaking at 3397 during the day, it retreated, and is currently in a fluctuating consolidation, focusing on the Federal Reserve's decision.

• Core Drivers: The FOMC decision is the biggest variable, with the market betting on a 25bp rate cut, strong expectations for easing; the fundamentals have strengthened after the Fusaka upgrade.

Key Levels (Evening)

• Support: 3280-3240 (daily low + previous resistance turned support), strong support at 3190-3100 (MA30 + psychological level).

• Resistance: 3350-3400 (daily high + previous high), strong resistance at 3450-3500 (weekly key level).

Technical Analysis

• Four consecutive daily gains, moving averages in a bullish arrangement, K-line firmly above MA30 (3050), clear bullish trend; RSI over 70, indicates a short-term need for a pullback and correction.

• The hourly chart shows an intact upward channel, with higher lows and new highs; the Bollinger Bands are opening upwards, with prices oscillating between the middle and upper bands. If there is a pullback to 3280 and stabilizes, there is still upward momentum.

Evening Strategy

• Bullish: Stabilize and go long at 3280-3240 on pullback, stop loss at 3200, target 3350-3400; if breaking 3400, look for 3450+.

• Bearish: Light short if encountering resistance at 3400-3450, stop loss at 3480, target 3350-3300; if breaking below 3200, then look for 3190-3100.

• Risk Control: Increased volatility before the decision, position ≤ 30%, set stop losses carefully, avoid chasing highs.