12.12 The mistress's early morning thoughts

The market shows that after ETH encountered resistance at a high point, it fell back, and the 4-hour cycle presents a clear bearish structure. The price continues to be suppressed by medium to long-term moving averages such as MA144/MA169, with insufficient rebound momentum, overall leaning towards weak fluctuations.

Operation suggestions

Near 3250-3350, target 3150-3100$ETH