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Duoduo's ETH Market Analysis for Early Morning of December 9 (Personal Opinion, Open for Discussion)
Upper resistance levels: 3165.99-3180-3200 are strong resistance zones. If 3165 is broken but price falls back to 3110, watch for resistance at 3130 (beware of false breakouts).
Lower support levels: 3100-3080 are strong short-term supports; breaking below could mean further downside and short positions can be considered.
Hourly chart consolidation range:
Bullish zone: 3130-3150
Bearish zone: 3090-3070
First support: 3100
Second support: 3980
First resistance: 3180
Second resistance: 3200
Suggested short entry points: 3100-3115
Stop loss: 16 points
Take profit targets: 3080-3050
Suggested long entry points: Place buy orders at 3150, stop loss at 30 points
Take profit targets: 3200-3250
Overall, today's daily chart outlook is bullish; if price falls below 3100-3090, consider short positions.
If there is a valid breakout above 3200, the next target is 3300.