12.29 Weekend Intraday Thoughts

Intraday, we can choose a low-dip approach. At midnight, we targeted the large pie around 95800, which was precisely accurate.

From the 4-hour chart structure, the downward movement seems to have stopped, but based on the current trend, it is still relatively effective. Support is also gradually moving up, and the short positions are shrinking, with the price returning to a correction phase. Overall, the operational strategy for the large pie should adopt a high sell-low buy approach between resistance and support levels.

It is recommended to target the large pie around 94500-94800 for a rebound towards 95800-97000.

For Ethereum, target around 3300-3350 aiming for 3430-3480.

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