#BTC资金流动性 12.24 market analysis

Ethereum has peaked and is pulling back; in the short term, the strategy is still to short at high positions and long at low positions.

Looking at the 4-hour chart: ETH price is under obvious pressure at high levels, and several attempts to break above have been unsuccessful. The lower support of the Bollinger Bands is still intact, and there is currently no risk of losing it, but it is difficult to break down in the near term. The MACD shows that the red bars are shrinking, and a death cross is forming downwards. To be honest, there are hidden signals pointing down here.

How to operate? It is to follow the market fluctuations, shorting at high points and going long at low points, trading back and forth within this range.

If ETH rebounds, short positions can be laid out around 3010 and 3080, with target levels around 2910 and 2860.

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