Intraday strategy: long orders near 3880 to make money

Reference for intraday market analysis of Ethereum on December 9

At present, Ethereum has pulled back to the short side at the 1-4 hour level, and rebounded by 30 points after stepping on the support level for the second time (short-term profits are more in line with expectations). Pay special attention to the market fluctuations in the afternoon.

Pay attention to 3975-3970 in 1-4 hours. The rebound has not been effectively stabilized, and the trend is mainly short. At present, the upper pressure level of Ethereum pays attention to the two positions of 3975-4015.
If the rebound of the order stabilizes at 3970 and does not break, pay attention to the trend turning to resonance and multi-party, and pay attention to the breakthrough near 4015 first.

For long orders, you can continue to pay attention to the stabilization opportunities near 3910 and the opportunities near 3880. If it falls below, it is recommended to pay attention to the situation near the support level below.

For short orders, it is recommended to pay attention to the pressure level, and pay special attention to the area near 4080-4075.

Support level is around 3878-3840-3805
Resistance level is around 3970-4015-4060

For reference only, does not constitute investment advice. $ETH