Market Overview:



Holiday liquidity has contracted, and trading volume in the crypto market remains sluggish, making prices prone to exaggerated fluctuations. Currently, both BTC and ETH are dominated by bears, with their multi-timeframe technical charts showing Bollinger middle band resistance, and rebound strength diminishing. No signs of trend reversal are observed yet. Today's strategy is mainly to follow the trend and short.

$ETH is oscillating around the 2950 level. Yesterday, it surged to 2987, then dipped to 2889, with the overall rhythm synchronized with BTC, following the typical pattern of "rebound followed by decline and weak consolidation."

On the 4-hour chart, Bollinger middle band resistance is evident, and the daily MACD remains in a death cross state. The 3000 level is heavily trapped by sellers, making it difficult to break above.

Trading idea: Short positions can be taken around 2960-2980, targeting 2900-2880, with a stop-loss set above 3005. Remember to control position sizes; trading discipline is more important than anything else.

#以太坊行情解读 $SOL
ETH0.06%
BTC0.61%
SOL0.35%
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gas_fee_therapyvip
· 6h ago
Holidays are like this, a stagnant pool, and the rebound is directly crushed.
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RadioShackKnightvip
· 6h ago
Holiday market conditions are like this—liquidity shrinks and it instantly turns into a dumping machine. Rebounds are hammered down, and it's really not fun.
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GasFeeCriervip
· 7h ago
Holidays are truly the devil, as soon as liquidity is gone, the market starts playing with your heartbeat.
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GasFeeCrybabyvip
· 7h ago
Holidays are really disappointing; once liquidity dries up, it starts getting hammered. The 2950 level keeps bouncing back and forth, and it seems like we need to keep exploring lower.
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BoredApeResistancevip
· 7h ago
Liquidity is poor during the holiday, and rebounds are being crushed. This wave is indeed tough. We're once again oscillating around 2950, and the 3000 level is too hard to break through.
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