The market before the holiday has entered a consolidation phase. The reduced volatility caused by the Christmas market closure allows us to precisely position within a smaller range.



ETH is worth paying close attention to. The daytime trend revolves around the resistance zone of 2965-2980. If there is no effective breakout, consider shorting within this area or placing orders to add to short positions at higher levels. Watch the testing of 2900-2880 below; the correction pattern on the four-hour chart is very important.

The 2900 level is a strong support. If it holds, there is a high probability of a rebound after the US stock market and futures open tomorrow. The overall strategy is to operate within this small range back and forth, avoid chasing highs, and focus on key levels.
ETH1.28%
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MerkleMaidvip
· 12h ago
Securing a position sounds easy, but in reality, it takes patience to execute properly. If 2900 isn't broken, the rebound probability is indeed high; it all depends on how the US stocks perform tomorrow. Repeatedly harvesting profits within a small range—this strategy requires skillful execution.
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AirdropATMvip
· 12h ago
2900 holding steady, tomorrow will be another rebound market. This routine is so familiar. --- Don't chase highs, I need to get that tattooed. I always lose money here. --- Precise positioning sounds easy, but actual operation makes my blood pressure soar. --- Listening to small range swings sounds easy, but a slight tremor and it's all gone. --- Hard support, hard support, wait a moment, a single bearish candle will break it. --- I've already shorted in the 2965-2980 area three times, been hit by rebounds. --- Waiting for the US stock market to open and rebound? I’ve already fallen asleep haha.
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QuietlyStakingvip
· 12h ago
If I can't hold 2900, I'll cut my losses. I'm very familiar with this move haha --- Tired of hearing the same story about positioning; it still depends on how the US stock market looks --- How dare to open short positions? All the ones I have now are losing money --- Such a small market before the holiday, might as well sleep --- It's really annoying that 2965 can't be broken; it's been bouncing back and forth here --- Hard support is a joke; last time it was said the same, and it still broke through --- What are the people who placed orders to add to their shorts doing now? Don't hide it from me --- Small range trading sounds easy, but in reality, it's the fastest way to lose money --- Wait for the US stock market to open; everything else is pointless
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AirdropHuntressvip
· 13h ago
2965 this resistance line is indeed quite strong. Data shows that the last rebound was stuck here. After research and analysis, the risk of short positions is not high. Don't be greedy, everyone. If 2900 can't hold, that's a real problem. Historical data indicates that once this type of support fails, it tends to break through easily. It's worth positioning, but keep an eye on the four-hour correction pattern. Don't chase the highs—this point is well said.
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TommyTeachervip
· 13h ago
Holding at 2900 and waiting for a rebound. This pre-holiday positioning is indeed crucial. --- Short positions are well-placed; don't follow the trend and chase highs. The entry point is the most important. --- Watch the reaction of the US stock market opening tomorrow; the hard support is right here. --- Operate within a small range; in simple terms, don't be greedy. --- If the resistance zone isn't broken, the opportunity to short is right here. --- The four-hour pattern is very important; there's no mistake in that statement. --- Wait for the correction pattern to emerge before taking action; no rush. --- Play around this range; chasing highs is just giving away money. --- If 2900 can't be broken, a rebound is definitely coming. --- Hitting the key levels is really more important than the direction; this is understood.
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