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2024-12-21 Ethereum Daily Perspective
I just forgot to mention Ethereum earlier, and since I can't edit, I'm opening a separate post.
Currently, Ethereum is in the resistance zone similar to Bitcoin, which ranges from 3520 to 3650. If it cannot break through this range at once, a pullback to test the support and resistance switch around 3460-3480 is normal. If the bulls are a bit weaker, it might pull back to 3450 again, but it shouldn't be that weak.
If it can surpass 3580, and then pull back to 3520 without breaking it, it could directly break through this resistance zone upwards. So the first target could be 3700.
Currently, on the 4-hour level, the slope line is positive, and there are no signs of a drop or a second bottom test. If something unexpected happens and it breaks below 3450, you need to be especially careful. If it drops below 3400, you should run away...
I just forgot to mention Ethereum earlier, and since I can't edit, I'm opening a separate post.
Currently, Ethereum is in the resistance zone similar to Bitcoin, which ranges from 3520 to 3650. If it cannot break through this range at once, a pullback to test the support and resistance switch around 3460-3480 is normal. If the bulls are a bit weaker, it might pull back to 3450 again, but it shouldn't be that weak.
If it can surpass 3580, and then pull back to 3520 without breaking it, it could directly break through this resistance zone upwards. So the first target could be 3700.
Currently, on the 4-hour level, the slope line is positive, and there are no signs of a drop or a second bottom test. If something unexpected happens and it breaks below 3450, you need to be especially careful. If it drops below 3400, you should run away...
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
95,224.72
-1.92%
ETH
3,270.7
-1.66%
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