#ETH走势分析 December 6 ETH Intraday Observation



Last night, ETH started to pull back from around 3157 and stabilized after dropping to around 2980. The bearish momentum has mostly been released, and now it's entering a consolidation phase. The pace of the decline is much slower than in previous days.

Looking at the hourly Bollinger Bands, the upper and lower bands are clearly tightening, and the channel is getting narrower. This suggests that bulls and bears are currently at a standoff, with neither side having a clear advantage.

As for trading volume, it's usually light on weekends, and ETH's volume has been hovering at low levels with no signs of increase. In this kind of low-volume, narrow-range fluctuation, the price will most likely continue to oscillate within the range today.

For trading, I personally prefer shorting at highs and longing at lows:
Short reference: around 3060, 3090
Long reference: around 3000, 2970

Specific actions still depend on market changes—this is for reference only.

$SOL $XRP $BNB
ETH2.79%
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MondayYoloFridayCryvip
· 12-06 14:29
Grinding in this range again? Impressive, feels like the same story repeating every day...
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APY_Chaservip
· 12-06 08:30
Yes, that's what a Bollinger Band squeeze looks like. Now it's just a matter of seeing which side breaks first. Feels like the market is still mostly weak.
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GasFeeLadyvip
· 12-06 08:29
ngl the 2980 bounce looks sus... been watching gwei like a hawk and this retracement screams optimal entry window to me. that volume tho? screaming capitulation if you ask me
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WhaleStalkervip
· 12-06 08:11
Wait, the way the Bollinger Bands are tightening... Feels like something’s about to explode. Sideways consolidation is the most annoying, better to wait for a clear direction.
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SolidityJestervip
· 12-06 08:09
This low-volume, narrow-range situation is really boring to watch, but it does provide an opportunity to bottom fish. I'm also keeping an eye on 2970.
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GlueGuyvip
· 12-06 08:06
Low-volume bottom grinding again, have to wait here... Feels like today is just a bystander session.
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