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12.1 ETH midday thought process
ETH rebound faces strong selling pressure, with a large bearish candle breaking through the short-term moving average and the lower Bollinger Band, establishing a sharp decline pattern, and market panic is at its peak.
MACD dead cross + ultra-long green bars confirming a bearish explosion, short-term downtrend difficult to reverse, K and J are oversold but may continue to be oversold during strong decline, blind bottom-fishing is strictly prohibited.
suggestion
Around 2870-2900, target 2750, 2720$ETH #十二月行情展望