$ETH Evening Thoughts:
Why is the market so sluggish right now? First, it's because the American Christmas holiday isn't over yet.
Second, there's no better narrative to stimulate cryptocurrency, and the previous FOMO sentiment has largely faded. There are still 19 days until the next favorable narrative for the crypto circle, which is on January 20th, the day Trump hands over power, which may bring a brief positive effect.
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Speaking with the chart: wherever the liquidity is abundant in the current market, go there to clear it out, and then return to the starting point.
The second contract on the hourly level is approaching the end of a triangular convergence, likely moving downwards. On the 4-hour level, the second contract has broken below 3300 and is looking down towards 3214-3100, with an extreme target of 3055. The marked positions in the chart provide opportunities—get in when there is an opportunity, and if not, just watch it perform and set a good stop loss.