December 13th Ethereum Early Morning Market Analysis Reference:

Yesterday I placed orders at 3940-3950 and took a bite out of a short position, then took a big bite out of a short position near 3980, it was a delightful day.

How to view the early morning market, Ethereum is currently oscillating back and forth, and the rhythm is a bit hard to control. Need to pay attention to the fluctuations in the early morning.

For the 1-4 hour timeframe, pay attention to the two positions near 3905-3800. If the 1-hour level retraces and does not break 3905, the bullish trend still holds; if it breaks below 3800, pay attention to the important support below. Currently, the minor support is near 3930, which needs to be watched; if it does not break, the minor level is still in an oscillating upward trend.

Short-term bullish opportunities can be watched near 3887-3880 for stabilization.

Bullish opportunities can be found near 3830-3835 for stabilization.

Support levels: 3930-3810-3770

Resistance levels: 3980-4040-4120

For reference only.