ETH currently has a good shorting opportunity; consider positioning around 3290.
The key is whether 3238 can hold. As long as this line isn't broken, the bullish momentum remains strong, and the outlook continues to be bullish. The resistance levels above are sequentially: 3307, 3357, 3397.
Conversely, if it breaks below 3238, it indicates a correction in smaller timeframes. At this point, the support levels below become lifelines: 3200, 3155, 3117. These levels should all be monitored.
In summary, the focus is around the 3238 line—there's a ceiling above and a floor below, and the market always needs to choose a direction.
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DegenWhisperer
· 01-09 23:15
Line 3238 is really the life and death line. Break it, and you have to run; hold it, and you continue to eat meat.
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GasGoblin
· 01-09 09:38
3238 can't break the bulls easily, but I'm a bit hesitant about this short position, feeling it might get crushed.
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TommyTeacher1
· 01-07 06:48
Line 3238 is really critical; breaking it or not directly determines how to proceed next. But to be honest, entering a short position now feels a bit rushed; it's better to wait for a confirmation signal.
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DaoTherapy
· 01-07 06:43
This 3238 barrier is really crucial; once broken, you have to run away.
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RugpullSurvivor
· 01-07 06:42
Whether 3238 breaks or not is the key, otherwise this short position will just be a trap.
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SleepTrader
· 01-07 06:24
Line 3238 is really crucial. If it can't be broken, it still feels like there's hope.
ETH currently has a good shorting opportunity; consider positioning around 3290.
The key is whether 3238 can hold. As long as this line isn't broken, the bullish momentum remains strong, and the outlook continues to be bullish. The resistance levels above are sequentially: 3307, 3357, 3397.
Conversely, if it breaks below 3238, it indicates a correction in smaller timeframes. At this point, the support levels below become lifelines: 3200, 3155, 3117. These levels should all be monitored.
In summary, the focus is around the 3238 line—there's a ceiling above and a floor below, and the market always needs to choose a direction.