The Ethereum mentioned in yesterday's analysis, whether it is to chase the upward breakout after completing the W bottom structure at 3780, or to chase the daily level breakout of the downward trend line, either way, there is a profit of 100 dollars.

12-11 Ethereum Analysis:
From the daily level, Ethereum has made a false breakout, not fully breaking the descending trend line. Therefore, one point we need to pay attention to is that the trend line is roughly around the price of 3800. Once Ethereum breaks through the trend line, it indicates that the operators are inducing a short position and ultimately choosing a V-shaped reversal. In such a market, if Ethereum breaks through the trend line and the previous high of 4100, and once it stabilizes, it will be the starting point for the next significant bullish trend. This situation has already played out with Bitcoin.
Now, how do we view Ethereum in the short term? From the 1-hour level, Ethereum's trend is similar to Bitcoin, forming a W-shaped bottom structure. If the price breaks through the previous high of 3780, it is very likely to break through the daily large-scale trend line. However, if you have thoughts of going short, then watch whether the major trend line or the previous high of 3780 will be rejected. #ETH🔥🔥🔥🔥