ETH Direction: Currently consolidating sideways at a low level, now below MA5 and MA10. On the four-hour chart, it just touched MA5 and is now in a retracement phase. Overall, the retracement is not very strong, and it should continue to decline. Resistance levels above: 2860-2885-2910 Support levels below: 2730, 2674
Summary: High Short Strategy: Not provided for now Low Long Strategy: 2730 initial long position, 2674 add-on position
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December 18 ETH Strategy
ETH Direction: Currently consolidating sideways at a low level, now below MA5 and MA10. On the four-hour chart, it just touched MA5 and is now in a retracement phase. Overall, the retracement is not very strong, and it should continue to decline.
Resistance levels above: 2860-2885-2910 Support levels below: 2730, 2674
Summary:
High Short Strategy: Not provided for now
Low Long Strategy: 2730 initial long position, 2674 add-on position