#美联储降息 12/12 Ethereum Afternoon Trading Strategy

Yesterday morning, Ethereum fluctuated around 3250, mostly moving within an upward channel. My own approach was to close some long positions for profit in the morning, then switch to short positions, and from entry to take profit, I secured quite a bit of profit. Looking at the 4-hour chart, after the price hit the high point, it couldn't hold on, with two consecutive bearish candles indicating that the bears are gaining strength. But there's a key point — the price remains above the middle band of the Bollinger Bands without breaking below, and the entire Bollinger Band remains in a bullish arrangement. The middle band acts as solid support, while the upper band is the real resistance level.

Trading idea: Consider going long in the range of 3160 to 3200, with targets around 3300. $ETH