Before the market opened on December 5, I checked Ethereum’s trend. The daily chart actually still looks pretty healthy. My idea is to look for an opportunity to go long on a dip, but I’ll wait for a decent pullback signal on the 12-hour chart.
The 4-hour chart hasn’t shown that gap signal I’m cautious about yet, so in the short term I’m leaning toward the long side—for now. Keep in mind, this is just a short-term bullish strategy, not a position to hold all day. If the 4-hour chart shows signs of a reversal, I’ll flip to short without hesitation.
In the early session, focus on the 3125 to 3135 range. If the price pulls back and stabilizes around here, I think it’s worth trying a long. But there’s significant resistance at 3145. If the price really pushes above that, be careful—not the time to chase highs.
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CryptoHistoryClass
· 12-05 01:00
statistically speaking, we've seen this exact "wait for the dip" setup before... reminds me of every bull trap since 2017. let me check the charts—yeah, history rhymes perfectly here.
Reply0
NFT_Therapy
· 12-05 01:00
Here we go again with the same old routine—wait 12 hours for a retest? Bro, you'll be waiting till the cows come home for that retest.
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Frontrunner
· 12-05 00:54
I've been keeping an eye on the 3145 level for a while. Last time, it was also pushed down from here. I guess we'll have to wait again this time.
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NotFinancialAdvice
· 12-05 00:39
Here we go again. I'm skeptical about the 3145 level. Not to mention breaking through it, I'm afraid even a pullback to test it might be tough.
#ETH走势分析 $ETH
Before the market opened on December 5, I checked Ethereum’s trend. The daily chart actually still looks pretty healthy. My idea is to look for an opportunity to go long on a dip, but I’ll wait for a decent pullback signal on the 12-hour chart.
The 4-hour chart hasn’t shown that gap signal I’m cautious about yet, so in the short term I’m leaning toward the long side—for now. Keep in mind, this is just a short-term bullish strategy, not a position to hold all day. If the 4-hour chart shows signs of a reversal, I’ll flip to short without hesitation.
In the early session, focus on the 3125 to 3135 range. If the price pulls back and stabilizes around here, I think it’s worth trying a long. But there’s significant resistance at 3145. If the price really pushes above that, be careful—not the time to chase highs.