12.15 ETH Morning Prediction and Analysis

After ETH dipped to a new low of 3046.55 on the evening of the 14th, it triggered technical bottom-fishing funds to enter, resulting in a rapid rebound to 3093.74. Currently, it is in a consolidation phase following an oversold rebound. The bearish force on the 14th has been fully released after a sharp decline. In the early morning, selling pressure has significantly weakened, but the trapped positions formed at the previous high of 3118.11 still exert resistance. The bulls have not yet gained the momentum for continuous upward movement. Overall, the market presents a "strong support below and resistance above" oscillation pattern, making it difficult to form a one-sided trend.

In the early morning, ETH will fluctuate and recover around the 3080-3100 range. If bottom-fishing funds continue to flow in, the price may test 3100-3110, but after breaking through, the upward space is limited, likely encountering resistance and falling back; if the 3080 support is broken, it will retest the 3060-3070 range, though the possibility of falling below 3050 is very low.
Support: 3080 is a short-term stabilization support. A dip to this level in the early morning will trigger bottom-fishing fund absorption; 3050 (near the recent low of 3046.55) is a strong technical support with a very low probability of breaking.
Resistance: 3100 is an integer psychological barrier plus the lower boundary of the previous oscillation zone, serving as the primary resistance during the rebound; 3120 is a medium-term bull-bear dividing line. A breakthrough in the early morning would require substantial funds, making it challenging.

Trading Suggestions:
Try long positions with light volume in the 3070-3080 range, set stop-loss below 3050, and target 3095-3100. After a breakout, consider small gains toward 3115-3125, and take profits when appropriate.
If the price encounters resistance and falls back within the 3095-3105 range (e.g., bearish candlestick, shrinking volume), take a short position with a small volume, set stop-loss above 3120, and target 3080-3070. If broken, look for further decline to 3065-3050.

Risk Reminder:
Cryptocurrency prices are highly volatile in the short term. In the early morning, pay attention to BTC correlation trends and market liquidity changes. Keep positions within 10% to avoid heavy losses from chasing gains or panic selling. #Gate11月透明度报告出炉 #美联储降息 #广场发帖领$50 #加密市场观察