12/16 ETH Morning Operation Analysis
The daily ETH chart shows a rise and fall in line with the overall market, indicating a weak overall trend. In the short term, there is intense competition between bulls and bears, entering a phase of fluctuation and differentiation. The 4-hour level has rebounded to the middle track and faced pressure, followed by continuous declines and breaking below the lower track. The short-term structure is bearish, with significant pressure for adjustment after a rebound, and there is still room for correction in the future.
Operation Suggestion: Layout ETH in the 3020-3040 range
Target looking at 2880-3000. $ETH
ETHUSDT
Perp
2,953.66
+0.39%
