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Small Finance Kid 12.1 ETH Morning Market Analysis


ETH dropped to 2830 in the morning due to the sharp decline of Bitcoin, and is currently stabilizing at 2848. Market sentiment is extremely fearful, but there is still capital inflow into ETH ETFs, with both long and short positions contracting, brewing for a direction; 2830 serves as short-term support, with a rebound and repair expected during the day, while the upper pressure is at 2884, indicating an overall weak oscillation.

[Operation Suggestion] Short position entry at 2884-3005, target 2830, 27850 $BTC
BTC1.68%
ETH6.78%
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