$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