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#以太坊行情技术解读 $ETH
Ethereum Morning Analysis on December 11
Currently, Ethereum is in a high-range zone. From a technical perspective, short-term resistance is evident, and upward momentum is limited. It is advisable to remain cautious at the current levels and consider shorting on rallies. Pay attention to the performance of key support levels, as a break below could accelerate the downward move.
From a different perspective, the bulls have already shown signs of fatigue at this price level. Amid a declining market risk appetite, trends are prone to reversal. For traders, taking short positions at high levels might be more in line with the current market rhythm.