December 27 Ether. Daily market reference analysis:
Yesterday, the short position at 3305 gained about 50 points. Currently, market fluctuations are still considered normal, with oscillations back and forth. The 1-hour trend is bullish, with an upward oscillation in the market. If 3387 holds on the 2-hour chart, we will continue to see bullish resonance looking towards around 3412. If 3412 holds, there is a high probability of a decent bullish trend.
For reference and learning purposes only, this does not constitute investment advice.
Focus on the two positions of 3355 and 3412 for the 1-4 hour timeframe. If there is a rebound and it holds at 3412, the 4-hour level will be in an upward oscillation, paying attention to whether 3412 can stabilize. If it does not stabilize, watch for a pullback to the 1-2 hour support. If it breaks below 3355, pay attention to the lower support and the bearish market dominance.
You can consider short-term long positions around 3330, while for short positions, watch for opportunities near 3430 and 3510.
Support levels are 3330-3293-3225.
Resistance levels are 3435-3470-3510$ETH .