ETH Trend: The hourly chart is under pressure below 3120, forming a double-spike top structure. Pay attention to the box centerline support at 3060; if it breaks down, the lower boundary of the box at 3005 will be tested.
Key Levels: Consider range trading (buy low, sell high) in the 3070-3150 zone. If support is broken or resistance is breached, exit positions promptly. Short at 3140, target 2980; long at 2980, target 3140.
Strategy: The market is oscillating within the box. Before a breakout, observe or trade within the range, always setting strict stop-losses.
Overall Strategy: Market sentiment is cautious. Do not go heavy in one direction before a clear breakout. All trades should be based on significant volume breaking key levels to avoid premature entries. Control position sizes, set strict stop-losses, and wait for the market to choose a direction.
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12.9 Midday Market Core Viewpoints
ETH Trend: The hourly chart is under pressure below 3120, forming a double-spike top structure. Pay attention to the box centerline support at 3060; if it breaks down, the lower boundary of the box at 3005 will be tested.
Key Levels: Consider range trading (buy low, sell high) in the 3070-3150 zone. If support is broken or resistance is breached, exit positions promptly. Short at 3140, target 2980; long at 2980, target 3140.
Strategy: The market is oscillating within the box. Before a breakout, observe or trade within the range, always setting strict stop-losses.
Overall Strategy: Market sentiment is cautious. Do not go heavy in one direction before a clear breakout. All trades should be based on significant volume breaking key levels to avoid premature entries. Control position sizes, set strict stop-losses, and wait for the market to choose a direction.