2025-12-12 09:31:39

December 12th Ethereum Afternoon Technical Analysis

This morning, the price repeatedly fluctuated around 3250, overall showing an upward trend. Our real trading strategy was to quickly switch from taking a long profit in the morning to opening a short position, and the profit margin from entry to exit was quite good.

From the 4-hour chart, after the price reached a stage high, it began to face resistance. Two consecutive bearish candles indicate short-term bearish momentum. But don’t rush to look for a short opportunity—key point is that the price has consistently held the middle band of the Bollinger Bands, which remains in a bullish alignment. The middle band acts as strong support, while the upper band is the real resistance that needs to be broken.

Next trading idea: consider building long positions in the 3160-3200 range, aiming for around 3300. This level has technical support, and the upward potential is relatively clear.

ETH-1.07%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

19 Likes

Reward
19
7
Repost
Share

Comment

0/400

SocialAnxietyStaker

· 12-12 20:34

Am I the kind of fool who wants to buy the dip at 3250? This brother cleverly made a short and profitably earned. I should have just followed the middle band of Bollinger and bought, but I got washed out again.

View OriginalReply0

TestnetScholar

· 12-12 10:01

The Bollinger bands are here again, and every time they say that the middle rail is an iron gate, but as a result, a positive line passes directly through it, and the support is good

View OriginalReply0

TaxEvader

· 12-12 09:58

The middle band of the Bollinger Bands is so stiff, but I'm still worried about repeated dips... Can it really hold at 3160?

View OriginalReply0

GateUser-beba108d

· 12-12 09:43

I'm watching this wave of oscillations as well. The key is to hold the middle band; it's not that pessimistic. --- 3160-3200 is indeed a good entry point; it depends on whether it can really drop into position. --- That morning's quick shorting was satisfying, right? I like this kind of rhythm the most. --- The Bollinger Band's bullish alignment is still there. No need to panic too much; be patient and wait for support. --- I feel like 3300 is the real test, with some room for a tug-of-war in between. --- Two consecutive bearish candles sound scary, but holding the middle band indicates there's still hope. --- Following this idea, steadily making profits is better than those who go all-in at once. --- Waiting for this wave to hit 3160; I want to get in too.

View OriginalReply0

GateUser-6bc33122