12.15 Monday midday market analysis. Ethereum's four-hour timeframe shows a clear downtrend, but it remains relatively stronger than Bitcoin. Pay attention to the 3150 resistance level, where the price has tested support and resistance twice in the four-hour timeframe. The market has been volatile for a long time, with many trapped positions. Support below is at 3020, which is also a previous consolidation center. The risk-reward ratio for long positions is relatively high. Currently, the price is near the upper boundary of the downtrend channel, with strong bearish momentum. To go long, the price needs to stabilize around 3150 and continue sideways consolidation. Bitcoin is also looking bearish; prioritize short positions on Bitcoin.