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12/4 ETH Midday Operation Analysis
In the morning, the price followed Bitcoin's surge up to the 3239 level where it faced resistance, then fluctuated downward and maintained high-level consolidation. The overall trend fits the buy low, sell high strategy.
The 1-hour Bollinger Bands are narrowing, with the price oscillating near the middle band to build momentum. The moving average system has flattened and is showing signs of turning upward, indicating that short-term bullish momentum is gradually accumulating.
Operation suggestion: Arrange long positions in the 3120-3150 range for ETH.
Target around 3250. #加密市场观察