Core Situation Evaluation: Is this "Building the Foundation" or "downward correction"?

• Short-term support confirmation: ETH has risen again after recording a decline around $2,962, indicating that there is indeed strong long position buying and short position closing in that area.
• Indicator correction request: KDJ 15 minutes/1 hour is in an oversold low position. Technically, one upward rebound is needed to digest the deviation from the sharp decline early this morning.
• Trend determination: rebound and not reversal. Overall, the 4-hour and daily levels still tend to be bearish. Therefore, the next strategy is: take a sell position at high levels > take a short-term buy position at support levels.
Repeatedly dropping the high position ( main strategy, following the medium-term trend )
The next ideal second empty point will drop slightly:
• First pressure area: $3,010 - $3,025 (Bollinger middle line 1 hour).
• Second pressure zone: $3,040 - $3,055 near the starting point of the drop this morning.
• If the price rebounds to around $3,025 and a upper shadow appears, you can re-enter the short position (position size can be adjusted to 1/2 of the previous ).
• Stop loss: Placed at $3,075 ( must stop loss before breaking the previous high ).
• Take profit: Once again looking back at the liquidation zone a lot at $2,950.
3. Risks/Opportunities before Christmas
• 24-hour risk: If it falls below $2,950, it will trigger the liquidation of the long position worth ( million that we have calculated previously. At that point, the market will experience a vertical drop, directly towards $2,880.
• Christmas Market: Throughout history, the night before Christmas )23-24$850 has often seen "short trapping" behavior before rising.
Core observation: Searching for "golden holes"
Liquidity hunting (high win rate pin insert)
• Extreme entry point: $2,880 - $2,915
• Logic: * Dense Liquidation Area: The $2,950 we mentioned earlier is just the first line of defense. The last line of defense and the dense liquidation area for a true Bull is around $2,880 - $2,900.
• Daily support level: Referring to the daily candlestick K, the current lower Bollinger band is extending upwards, around $2,880 forming strong support.
• Operation Suggestion: Do not place an order immediately, but wait for the price to quickly drop below $2,950, and when it reaches around $2,900 with rapidly decreasing volume, even if a long lower wick appears for 15 minutes, enter the market at market price.
• Stop loss: $2,840 ( if it falls below the previous low, then the Christmas movement is essentially declared over ).
• Target: revisiting $3,050.
Confirmation of reversal ( is safe to add position on the right side )
• Entry level confirmation: $3,035 - $3,045 (after stabil)
• Logic: * Breaking resistance: The starting point of this decline is at $3,060. If the price can return to $3,030 and hold at that level for 1 hour, it means the decline is a "bear trap (Bear Trap)" completely.
• Christmas movement begins: Standing firm here usually indicates that the Christmas movement has officially begun, with a direct target towards $3,300.
• Stop loss: $2,990.
• Price target: $3,200 - $3,350.
()#今日你看涨还是看跌？ #加密市场小幅回暖 #2025Gate年度账单