$ETH 12.15 Afternoon Auntie's Thoughts
The rebound is merely a weak correction following the major trend, and it has not broken through the key resistance above. The overall downward rhythm remains intact, and prices are influenced by the major trend, with a clear bearish main line;
The MA144 and MA169 moving averages have not formed effective support below, and the resistance at 3150 is significant. The MACD bearish momentum has not truly dissipated, and the rebound volume continues to be insufficient;
There is dense selling pressure above 3120, and during the rebound process, there has been no large-scale bullish capital entering the market, only sporadic buying from short-term bargain hunters, with capital flow still leaning towards bearish.
Trading suggestion: Short near 3180-3230, target: 3080, 3030
