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December 16 Auntie
ETH intra-day trend continues to be under pressure, showing obvious fatigue overall. On the four-hour chart, the price has strongly broken below the lower band of the Bollinger Bands, and the channel opening continues to expand, indicating that the bearish momentum is still accelerating. On the daily chart, the price is still moving within the downward channel, with weak rebound strength and no effective signs of stopping the fall yet.
Operational advice (mainly short-term):
Look for opportunities to short in the 2980–3030 range, targeting 2880-2700.