Cryptocurrency Academy: Is the recent rotation in the Ethereum sector starting as of December 9th? How to strategize?

　　The current price of Ethereum is 3972, and it's now 3:30 AM Beijing time. Since the target price hasn't been reached yet, let's continue to wait. 95% of the time, this market is about waiting. True trading experts are always waiting for opportunities, just like a sniper waiting for the prey to appear before taking action. The essence of trading is trial and error, using our validated systems to trade, giving ourselves plenty of trial opportunities, maintaining stop-loss orders. It's okay to make mistakes; at worst, it will be a small loss. When right, it means big profits because a stop-loss does not equal a loss. Just like in a factory, producing a valuable product will inevitably incur wear and tear on the machinery; the principle is the same.

　　Due to the influence of sector rotation, Ethereum's rebound hasn't ended yet; it's currently in the early stages of rotation. For those unaware of cryptocurrency sector rotation, one can look back at the power of the last three bull markets in the crypto space. Each rotation period has seen many legendary figures emerge. Looking at the current market, Ethereum's daily candlestick chart shows continuous high-level consolidation, with a high of 4010 and a low of 3920. The EMA15 trend line has stretched to 3700 and hasn't finished stretching yet. The MACD is expanding, with DIF and DEA continuing to spread upwards at high levels. The Bollinger Bands are opening up; the upper band has broken 4110, and the middle band is at 3575, maintaining a bullish trend.

　　The four-hour candlestick chart shows three consecutive increases breaking previous highs, and it is currently consolidating around the 4000 mark, just a step away from the yearly high. The candlestick is forming a triangular contraction trend at a high level. The EMA15 trend line at 3970 shows weak support. Pay attention to the EMA30 support at 3905. The MACD is shrinking downwards, with DIF and DEA diverging downwards at high levels. The Bollinger Bands are contracting; the upper band is at 4100, and the lower band is at 3830. The key support and resistance levels have been identified, so let's use these as reference points for entry.

　　Short-term references:

　　Buy between 3850 to 3800, with a stop-loss at 3750, and a target of 3950 to 4000. If broken, aim for 4050 to 4100.

　　Sell between 4100 to 4150, with a stop-loss at 4200, and a target of 4000 to 3950. If broken, aim for 3900 to 3850.

I am a warrior who has always protected retail investors. I wish my fans financial freedom in 2024; let's work hard together! $ETH #以太坊行情分析 #ETH合约波段