🎄 Christmas Eve Market Outlook: Liquidity Exhaustion, Downward Trend Searching for Bottom
Latest Situation:
Continuous Weakness: Compared to two days ago (23rd) at 2967, ETH continues to show a "resistance-free decline" trend. The current price has effectively broken below the short-term neckline at 2950 and has fallen to 2934.
Market Environment: Today is Christmas, and European and American funds are on holiday across the board, resulting in extremely poor market depth. During such times, a "downward decline with no rebound" trend often occurs, or a sudden spike may sweep away liquidity bel
Latest Situation:
Continuous Weakness: Compared to two days ago (23rd) at 2967, ETH continues to show a "resistance-free decline" trend. The current price has effectively broken below the short-term neckline at 2950 and has fallen to 2934.
Market Environment: Today is Christmas, and European and American funds are on holiday across the board, resulting in extremely poor market depth. During such times, a "downward decline with no rebound" trend often occurs, or a sudden spike may sweep away liquidity bel
ETH-0,04%
