DuoDuo December 10th Early Morning ETH Market Analysis (Personal Opinion, Welcome to Discuss)



Upper Resistance Levels: 3330-3350-3370-3400 strong resistance; if broken at 3350 and then pull back to 3310, look at the 3330 resistance level (note false breakouts)
Lower Support Levels: 3300-3280 for short-term strong support; if broken, sustained short positions can be entered
Hourly Oscillation Range:
Bullish Range: 3330-3400
Bearish Range: 3300-3250
First Support: 3300
Second Support: 3250
First Resistance: 3330
Second Resistance: 3350
Short Entry Points: 3300-3290
Stop Loss: 20 points
Take Profit Levels: 3270-3250

Long Entry Recommendations: Place buy orders at 3330, stop loss 20 points
Take Profit Levels: 3350-3400
Today, focus mainly on whether the rate cut can be successfully implemented. If it breaks below 3100-3090, consider short positions.
If effectively breaking through 3350, the next target is 3400.
ETH-1.54%
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