#ETH持续飙升
First, let's talk about the monthly chart. Ethereum has closed a strong bullish candle on the monthly chart, which looks quite powerful. From the monthly perspective, it has risen from around 2300 to now around 3700, taking a full 4 months, with the overall trend moving upwards and strong bullish momentum.
However, there is a problem: the price has risen too quickly, straying from its original fundamental position, much like a string being pulled too tightly, it needs to be loosened.
So, I guess this month, which is December, Ethereum's price might fluctuate quite a bit, like a pin, going up suddenly and then coming down, and it is unlikely to surge again and hold steadily.
Looking at the weekly chart, it also closed a pretty nice bullish candle, but that doesn’t mean it's a peak. I think this week Ethereum might push up to a new high, around the 3900 to 4100 range, where it might encounter some resistance, and then it could pull back, like a pin, going up and then down.
On the daily chart, it looks rather average these days, oscillating upwards, but there’s no clear sign of a peak.
Overall, Ethereum remains generally bullish, but one should be cautious about the possibility of a situation where it suddenly rises a lot and then suddenly drops a lot this month or this week.
I think it might rise first before falling, with the top likely around the 3900 to 4100 range, and the bottom potentially around 3350 to 3450, 3100, and these levels should be watched closely.
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