Cryptocurrency Academy: The pressure and opportunity above 3550 Ethereum on December 25, how to identify the true intentions of the main forces? Latest market analysis reference.

CN
1 year ago

Don't forget, the darkest moment is often just before dawn. On the road to chasing dreams, you are never alone; you still have me.

I am a scholar in the crypto world, a warrior who has always been protecting the retail investors. I wish my fans financial freedom in 2024. Let's work hard together!

Crypto Scholar: December 25, 2024 Ethereum (ETH) Latest Market Analysis Reference

The current price of Ethereum is 3455. It is now 4 AM Beijing time. I haven't posted an analysis of Ethereum for many days; I apologize for being tormented by a virus for several days, but I am much better now. Everyone has been urging me to update for several days, and since I can't sleep, I will update for your reference. Currently, the K-line has rebounded after a major level pullback near 0.618, which is a normal phenomenon. Every time it reaches the golden ratio line 0.618, a rebound occurs, which is normal. Friends who are long can exit above 3500, while those who are short above 3500 can look at 0.618.

The daily K-line has a high of 3541 and a low of 3358. We cannot rule out the possibility of the main force washing the market back and forth. Do not be misled by appearances, and do not enter based on feelings. Think clearly about whether it is rules or emotions. If emotions are making you act, then manage yourself and do not enter. If it is rules, then just execute according to the rules. The upper pressure level can focus on the EMA15 and 30 intersection point in the range of 3550 to 3580, which will have strong pressure. MACD is decreasing in volume, and DIF and DEA are entering polarization. At this time, the volatility between long and short is large, so be careful not to chase highs and sell lows. Wait for key pressure or support to layout.

In the four-hour K-line, we can see that after failing to break 3550, it has pulled back. Many people have started testing positions short at 3500, so don't rush to exit. That's fine. The EMA trend indicator is still contracting, and EMA15 and 30 are also contracting. Pay attention to the balance point near 3400. MACD is decreasing in volume. The K-line broke the upper Bollinger band at 3490 but has returned to the channel. Focus on the mid-track at 3360 and the lower track at 3235 as two key points. The upper pressure level focuses on the trend top pressure at 3590. The points above and below have been found; the rest is to wait until entering the trading range before taking action. With a heart of red and two hands ready, regardless of long or short, take action when at the position.

Short-term reference: Safety first. Remember that the market is never 100%, so always set stop-losses. Safety first; small losses and big gains are the goal.

For long positions, test entry points are 3350 to 3300, with a stop-loss at 3250, 50 points stop-loss, and a target of 3400 to 3450. If broken, look at 3500 to 3550.

For short positions, test entry points are 3550 to 3600, with a stop-loss at 3650, 50 points stop-loss, and a target of 3500 to 3450. If broken, look at 3400 to 3350.

Specific operations should be based on real-time market data. For more information, you can consult the author. There may be delays in article publication; the suggestions are for reference only, and risks are borne by the reader.

This article is exclusively contributed by the Crypto Scholar and represents the scholar's unique viewpoint. In-depth research has been conducted on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the timing of the article's release, the above viewpoints and suggestions may not be real-time and are for reference only. Risks are borne by the reader. Please indicate the source when reprinting. Manage your positions reasonably and avoid heavy or full positions. The scholar also hopes that all investors understand that the market is always right. If you are wrong, you should summarize where the problem lies. Do not let the profits that should be yours fly away. There is no need to be smarter than the market. When a trend comes, respond to it; when there is no trend, observe and remain calm. It is not too late to act once the trend becomes clear. Tomorrow's success comes from today's choices. Heaven rewards diligence, the earth rewards kindness, humanity rewards sincerity, business rewards trust, industry rewards excellence, and art rewards heart. Gains and losses often happen unexpectedly. Develop the habit of strictly setting stop-losses and take-profits for each trade. The Crypto Scholar wishes you happy investing!

Warm reminder: The above content is solely created by the author of the public account. The advertisements at the end of the article and in the comments section are unrelated to the author. Please discern carefully. Thank you for reading.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink