Bai Yue's advice is here! $ETH
December 11th Trading Strategy
[Product] ETH
[Direction] Short
[Position] Enter at current price, add to position at 3220
[Zhiying] First target: 3180; Second target: 3120; Third target: 3000; Stop loss: 3250
(Opinion for reference only)
Operation Basis: Looking at the four-hour chart, the resistance above $ETH is still very strong. Because it hasn't broken through the resistance, a short-term trade is possible! However, the market is currently consolidating, and the volatility won't be too high! If you don't know how to time your trades, follow Bai Yue. Bai Yue will provide real-time analysis in the community and give the best entry point!
The entire cryptocurrency market is currently falling. Major coins such as Bitcoin, SOL, and BNB are all about 7.5% lower than yesterday's opening price. In this environment, Ethereum is also facing pressure from many sellers. From various technical signals, the market continues to show "sell" signals, indicating that the overall sentiment is weak and buying power is insufficient.
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