12.24 Market Overview: Ethereum Follows Bitcoin, Trends are Consistent 🚀

Today's market, the trend of Ethereum is similar to that of Bitcoin (the big cake), showing a similar pattern of oscillation and consolidation. Market sentiment is relatively stable, with overall fluctuations not too large, maintaining a relatively narrow range of oscillation.

Market Analysis: Ethereum (ETH) is currently trending similarly to Bitcoin (BTC), oscillating and consolidating within a narrow range. Price fluctuations are small, waiting for a breakout signal.

Operational Suggestions:

Long Position Operations:

If you have no positions, 2905 can be used as an entry point for a left-side ambush; the averaging point can be set at 2833, the stop-loss at 2738, targets at 2967 and 3009, and the tail position can be set at 3057.

If it breaks 2993, you can follow the trend and go long.

Short Position Operations:

If the price approaches 3060, you can short at this position, with the averaging point set at 3146, defense at 3227, and targets looking down at 2980 and 2949, with the tail position set near 2905.

Currently, the trend of Ethereum is highly consistent with Bitcoin, and the market is oscillating and consolidating, patiently waiting for the right entry opportunity. Whether it's a long or short position, adjust your position flexibly based on price fluctuations.

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