$ETH 12.12 Evening Thoughts
The lower boundary of the four-hour chart is close to the low range, and the price has rebounded weakly from the high point of 3446.12 to 3142.92, currently at 3232.69, not breaking away from the low-level fluctuations. The bearish momentum continues to be released, and there is a possibility of further probing the lows, with no clear trend established between bulls and bears;
The MA144 and MA169 moving averages are diverging downwards, putting pressure on the price. During the rebound process, the body of the bullish candlestick continues to narrow, showing the bulls' inability to push prices above effectively;
In the 3200-3250 range, the strength of capital support is weak, with no large-scale bullish funds entering during the rebound, while the short-selling funds continue to increase at high points, leading the short-term market rhythm.
Trading suggestion: Short near 3280-3330, target: 3180, 3130#美联储降息 #ETH走势分析 #美联储FOMC会议

