1. Macro: After the Federal Reserve cuts interest rates, easing expectations cool down, risk assets lack liquidity, and ETH lacks incremental funds. 2. Technical: Narrow compression between 3050-3180, resistance at 3150-3180 during rebounds, declines supported at 3050, volatility remains low. 3. Market: Significant bullish and bearish divergence, selling pressure above, support from chips below, trading volume is light.
II. Trend Qualification
The trend is sideways with a bias to the downside, within the core range of 3050-3180, rebounds are weak, and the center of gravity is shifting downward, with no reversal signals.
III. Practical Objectives
1. Short (Primary)
- Entry: Resistance at 3150-3180 / break below 3080 with a rebound at 3090-3100 - Target: 3080→3050
2. Long (Cautious)
- Entry: Support at 3050-3060 with a stop-loss (Bullish engulfing + volume increase) - Target: 3100-3120→3150-3160
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12.14 ETH Afternoon Market Analysis
I. Logical Support
1. Macro: After the Federal Reserve cuts interest rates, easing expectations cool down, risk assets lack liquidity, and ETH lacks incremental funds.
2. Technical: Narrow compression between 3050-3180, resistance at 3150-3180 during rebounds, declines supported at 3050, volatility remains low.
3. Market: Significant bullish and bearish divergence, selling pressure above, support from chips below, trading volume is light.
II. Trend Qualification
The trend is sideways with a bias to the downside, within the core range of 3050-3180, rebounds are weak, and the center of gravity is shifting downward, with no reversal signals.
III. Practical Objectives
1. Short (Primary)
- Entry: Resistance at 3150-3180 / break below 3080 with a rebound at 3090-3100
- Target: 3080→3050
2. Long (Cautious)
- Entry: Support at 3050-3060 with a stop-loss (Bullish engulfing + volume increase)
- Target: 3100-3120→3150-3160