Old A: 12.25 Pancake - Ethereum Today's Latest Trend Analysis and Trading Strategy:
The current market has no new tricks, just a fluctuating range of volatility. Within this framework, my strategy is simple: I go short when the price approaches the upper range (around 88000) and go long when it approaches the lower range (around 85000). After entering the market, I don't aim for too much; a profit of around 1000 points is enough to exit. During Christmas Eve, the liquidity in the European and American markets is generally poor, and I don't want to linger in such a market. Before Friday, I expect the coin price will continue to sway like this.
From a daily perspective, the price has formed a continuous combination of bearish candles, and the overall structure is in a clear downward trend, with market sentiment leaning towards bearish dominance.
On the hourly level, the market has entered a converging consolidation phase. The price is fluctuating narrowly around 87000 USD, and volatility has significantly narrowed, which usually indicates a directional choice will face in the short term. Technical indicators show the following characteristics: MACD remains below the zero axis, and DIF and DEA maintain negative values, confirming that the bearish trend has not yet reversed. It is worth noting that the green momentum bars are beginning to shorten, indicating that the downward momentum may experience a phase of weakening.
In the context of relatively poor liquidity during the Christmas holiday, the market is unlikely to form a breakthrough trend. The current technical structure shows that bears still dominate, but short-term downward momentum has weakened. Considering that the price is in a critical consolidation area, a conservative strategy is recommended:
Old A - 12.25 Pancake Trading Strategy:
1. 87000-86800 Long, stop loss below 85200, target 87500-88300
2. 88400-87500 Short, stop loss above 89100, target 86600-85800
Old A - 12.25 Ethereum Trading Strategy:
1. 2975-2930 Short, stop loss above 3010, target 2890-2860
2. 2855-2880 Long, stop loss below 2800, target 2930-2960
