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 cryptocurrency circle, a warrior who has always been protecting the retail investors. I wish my fans financial freedom in 2024. Let's work hard together!
Scholar in the cryptocurrency circle: December 27, 2024, Ethereum (ETH) latest market analysis reference
The current price of Ethereum is 3333. It is now 6 AM Beijing time. If the critical resistance of 3550 is not broken, the main force will choose to go south. It can be seen that those who entered above 3500 in this wave have benefited, while those who entered at 3300 are just getting in. Pay attention to the key resistance level of 3380; if it does not break, those going south can continue to hold and look for the previous low. If it breaks, consider taking profits. Those going north should also pay attention to this key resistance level. The daily K-line's large bearish candle can basically confirm the closing point.
Regardless of whether the EMA60 trend line resistance at 3375 is broken or not, the subsequent bearish momentum is much stronger than the bullish. The EMA90 trend support is at 3240, and with the major trend support at 3160, both support points can serve as entry points for going long. The MACD is continuously shrinking and accumulating, with DIF and DEA still polarized. It is expected that today's opening will break the previous low to end the polarized sideways market. The Bollinger Bands are opening downwards, and the lower support has moved down to 3180. The KDJ is contracting, indicating that the overall bearish trend is stronger, so those going south can continue to hold.
From the four-hour K-line, we can see that the major golden ratio support is at 3320, and the main force has begun to attempt a breakthrough, with the lowest already reaching 3300. The EMA trend indicator is starting to spread downwards, and the MACD is shrinking downwards. The DIF and DEA hit the 0 axis but soon returned below it. The Bollinger Bands are in a sideways pattern, with the lower support at 3315. Those going north around 3300 should pay attention to this support and set a defensive stop-loss. First, look at the key resistance level of 3380 to 3400; if it does not break, consider exiting and looking south.
Short-term reference: Safety first. Remember that the market is never 100%, so always set stop-losses. Safety first, small losses, and big profits are the goal.
First entry point for going north: 3300 to 3250, with a defense at 3200, stop-loss of 50 points, target at 3370 to 3420, and if broken, look at 3450 to 3500.
Second entry point for going north: 3150 to 3100, with a defense at 3050, stop-loss of 50 points, target at 3200 to 3250, and if broken, look at 3300.
Entry point for going south: 3380 to 3420, with a defense at 3470 to 3520, stop-loss of 50 points, target at 3330 to 3280, and if broken, look at 3230.
Specific operations should be based on real-time market data. For more information, you can consult the author. The article may have a delay in publication, so it is suggested for reference only, and risks are borne by the reader.
This article is exclusively contributed by the scholar in the cryptocurrency circle and represents the scholar's unique views. 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 views 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 reflect on where the problem lies. Do not let the profits that should be yours slip 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 passion. Gains and losses often happen unexpectedly. Develop the habit of strictly setting stop-losses and take-profits for each trade. The scholar in the cryptocurrency circle 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。