#加密市场狂欢 12.16: Evening Market Overview

$ETH Ethereum broke through 4025 in the morning and formed an inverted hammer, with a bearish pullback during the day. Altcoins continue to return to yesterday's price consolidation.

The 4H chart shows an ascending triangle, hesitating temporarily due to Bitcoin's influence, continuing high-level consolidation; support at 3830, 3770, 3710, resistance at 4022, 4087, 4162.

The 4H chart displays a standard shark pattern, with BC formation complete. The D point is predicted to open a long position near 3574, with a stop loss set at 3503. T1 target is 3798, T2 target is 3973, with a very favorable risk-reward ratio; the other two PRZ reversal areas will not be analyzed at this time.

Trading is about waiting for opportunities, not trading every day just for the sake of it; for spot trading, it remains the same – accumulate and average down when prices dip. If there is FUD, one can also wait for a confirmed trend to enter on the right side.

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