$ETH



After the sharp decline yesterday, Ethereum stabilized at the 3160 level — a bottom-top reversal signal has formed on the four-hour chart.

From a Chan theory perspective, a bottom divergence appeared on the 30-minute timeframe, which typically triggers a rebound move on the four-hour level. It is worth noting that recently, large funds have opened $450 million long positions on ETH, indicating that market sentiment may be shifting.

Trading strategy reference:
Long position
🎯 Entry zone: around 3218
🎯 Target: 3278 3350
🛑 Risk management stop loss: 3158

Date: December 12
ETH-4.67%
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HalfIsEmptyvip
· 12-12 02:43
45 million USD long positions, this is the real game of chips --- The theory of bottom divergence rebound is back again, always claiming effectiveness. What about last time? --- That stop-loss point at 3158 is set too tight, if it really crashes, it won't be able to withstand it --- I've been expecting this rebound for a while, just waiting for confirmation --- No matter how eloquently the Chan theory is explained, it can't withstand a dump --- With a appetite of 4.5 billion, it seems institutions are really going to eat up this upward move --- I dare not add to my position, just watching --- If 3350 really gets hit, I’ll kneel immediately
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ProposalDetectivevip
· 12-12 02:38
Stabilizing at 3160 and expecting a rebound? Over 450 million in large orders have entered, this time it might really take off.
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