12.1 midday ETH share

The range of 2860-2885 for the second pie is a watershed moment; can it stabilize and reverse the trend? Today's complete analysis of the second pie cycle!

The current daily line is overall in a downward trend structure, with the price rebound continuously constrained by the pressure of the upper boundary of the descending channel. The area between 2860-2885 above constitutes the recent core pressure zone. If the price rebounds to this area and shows signs of stagnation, it can be seen as a technical short opportunity. The first target below is set at the 2800 round number, and the second target looks towards the 2767 previous low support area. If the price unexpectedly breaks through and stabilizes above 2885, then one must be cautious of the possibility that the short-term downward structure may be broken.

From a four-hour perspective, the short-term trend shows a consolidation characteristic at a low level, with the 2860-2885 range gathering multiple previous rebound highs and a dense area of positions, forming a clear technical resistance. If the price rebounds to this area and a bearish pattern appears on the four-hour level, a break below the support around 2720 will open up new downward space.

ETH: Short on pullback to around 2860-2895, target 2750-2700#十二月行情展望