Comprehensive ETH$ETH Trading Recommendations for Today (December 7)



Current Core Dispute: The $3,000 Level

· Current Status: As of December 6/7, Ethereum’s price is fluctuating around $3,020–$3,050, testing this key support.

Main Reasons for Bullish (Long) Viewpoints

· Core Logic: Key support is holding, offering potential for a technical rebound and structural opportunities.
· Key Support: Institutional buying is providing support near $3,000.
· Technical Pattern: The ETH/BTC ratio has broken above a descending trendline, indicating market risk appetite may be returning; if it breaks above recent dynamic resistance (around $3,178), further upside could follow.
· Market Structure: Futures positions have been reset, making the market sensitive to new capital inflows and prone to amplified volatility; the positive effects of the network upgrade may not be fully priced in yet.
· Potential Targets: Short-term targets are $3,300–$3,500. If successfully broken, mid-term targets could reach $3,600–$3,850.

Main Reasons for Bearish/Cautious (Short or Wait-and-See) Viewpoints

· Core Logic: Strong overhead resistance, fragile market sentiment, and the rebound may be just a technical correction.
· Key Resistance: Recent resistance in the $3,100–$3,250 range; stronger long-term resistance at $3,600–$4,000.
· Technical Indicators: Daily MACD has shown a bearish crossover, indicating weak momentum; price is in a bearish channel of “lower highs and lower lows.”
· Market Sentiment: The Crypto “Fear & Greed Index” is at 21 (Extreme Fear), showing fragile sentiment.
· Fund Flows: Ethereum ETF saw significant net outflows in November.
· Major Risks: If it breaks below $3,000, next support is in the $2,780–$2,880 range; in extreme cases, it could test $2,500.

Comprehensive Analysis & Trading Strategy Reference

1. For Short-term Traders: The key is to follow the trend and set strict stop-losses.
· Aggressive Long Signal: Wait for price to break out above and hold $3,100–$3,120 (recent resistance) on strong volume; consider entering a small position, with stop-loss below $3,050.
· Trend-following Short Signal: If price clearly breaks below $3,000 (e.g., 30-minute close below $2,980), consider following the move, with stop-loss above $3,050 and target the $2,880–$2,800 range.
2. For Medium-term Swing Traders: Advise patience for clearer signals and attention to position structure.
· Key Confirmation: Watch whether the daily close can hold above $3,250 to confirm an uptrend, or a close below $2,900 to confirm a downtrend.
· Core Logic: The current market is better viewed as a tactical rebound within a bear market, not a trend reversal. Position management is more important than directional bets.
3. Key Factors to Monitor:
· Bitcoin’s Trend: The overall trend is still influenced by Bitcoin.
· Macro Sentiment: Global risk appetite will affect capital flows.
· On-chain Data: Monitor ETH balances on exchanges and stablecoin inflows to gauge real demand. #十二月行情展望
ETH3.1%
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