12.3 Ethereum Market Reminder

At this position, it is absolutely not a place to short during a swing trade. If you have no position in a trending scenario, you can build positions in batches, entering lightly. For every 50-point increase, add 20% of the position into the 20% of the overall position, with a key focus on 3740, and guard against adding a position at 3780. Alternatively, you can directly use the previous day's post to employ 20% of the position with 10x leverage, leaving it untouched, without fear of being liquidated. The maximum acceptable loss is 55% of the 20% position, but since it has now fallen below 3600, if you want to enter, you can only enter 50% of the 20% position. Do not blindly operate with heavy positions.

If you are swinging, and currently have no position, you must wait. Because at 3740, according to the current market, the probability of touching it is still there. It is not good to enter now as the defense is too far away. If you really want to enter, you can enter lightly, for example, 20% of the position inside the 20%, and add positions gradually for every 50-point rebound, with the total addition not exceeding 20% of the overall position.

My personal opinion: The downtrend has already been established, and Bitcoin's correction is inevitable, and a significant correction will occur before December 20. During the process of correction, Ethereum will experience a sharp decline.

If you want to swing trade at this position, you should either follow the position management operations above, or patiently wait for key levels. I also cannot directly catch key points in the current market; even if the current pressure level is 3620, without building positions in batches, I cannot guarantee that this level will not be broken, as there are several important key levels above.