$ETH 2025-12-12, after a wave of decline yesterday, it started to consolidate and attempt a second breakthrough but failed to break the upper bound of the downward channel. Today is Friday again, and according to convention, there should be a wave of southward pullback. If the strength is strong enough, it might directly continue the deep pullback trend. Today, let's pay close attention to the situation of breaking 3300. If it can break into the 3280-3380 range and close, a short position can be attempted, with a touching risk-reward ratio.

Summary: If it stabilizes above 3300 after breaking, go long; if it fails to break 3300 and closes or falls below 3150, go short. If it keeps consolidating in the 3300-3150 range, it can be treated as a box to short high and long low.

Resistance levels: 3250-3300-3350-3450-3600

Support levels: 3150-3100-3045-2900-2780

ETHUSDT

Perp

3,078.25

-3.73%