December 21st Market View
ETH: The first phase of the correction has temporarily come to a pause and will move within the range of 3100~3800 for quite some time.
During the rebound, there will be adjustments at the Fibonacci levels of 38.2%, 50%, and 61.8%; the higher it goes, the greater the resistance.
There are opportunities for buying on dips.
However, it is certain that this is a rebound after a decline, and there will be another correction in the range of 3780~3830, with considerable strength.