Please see the post from this morning "Cryptocurrency Market Analysis" 🙏
财经金军pro
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Bearish
Binance ETH Ethereum short-term operation strategy (2024.12.20)
1. Ethereum follows the trend of the big bitcoin market, and the medium and short cycles resonate with the downward trend. In the 1-hour small cycle, use the head and shoulders bottom pattern layout and short the price at highs;
2. Near the right shoulder pressure level of 3540, enter the market with a single ambush and light position;
3. Add positions near the double top pressure level of 3700 to unwind;
⚠️The above analysis is for reference only. Please fasten your seat belt when entering the market and take stop loss and three unwinding protection measures;
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