12.18 $ETH Market Analysis

This noon, I looked at ETH's 1-hour K-line. Due to news factors, the price dropped to around 2790. This wave of correction has basically bottomed out on a long-term scale. Now, the 1-hour MACD has already formed a golden cross, and the momentum bars are still above the zero line, clearly indicating that the bulls are gathering strength and preparing to push higher.

For trading, it is recommended to buy around 2750—2800.
Target levels are 2900—3000.