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#以太坊行情技术解读 Observation of Ethereum Price Movement on the Evening of December 12th
From the hourly K-line chart, Ethereum has been consolidating within a bearish flag pattern over the past few hours. It has not been able to effectively break above the upper boundary of the flag, and the rebound strength is not very strong. Several doji candles have appeared consecutively, indicating that the bulls and bears are still in a stalemate at this level, with no clear attacking momentum. We can only wait and see how the evening develops.
My view leans towards a bullish breakout. The simple reason is— as long as the lower boundary of this bearish flag is not broken, Ethereum will not face significant downside pressure, which means the rebound could continue.
Evening Trading Strategy: Consider positioning around the 3210-3230 range, aiming for targets of 3260-3310. If the flag pattern is broken, the subsequent upside potential will become clearer.
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