【Daily Analysis - December 27】

All my analysis is based on the latest release! The market is ever-changing, and opinions cannot remain unchanged!

Summary:
① Ethereum 4-hour market gives a signal, 3100-3220 is likely to form a trend reversal, and attention should be paid.
② Once the signal is confirmed, it is necessary to enter the market in time, and the stop profit point should first look at 3500; if the trend is clear, there is a probability of reaching 4000 or even breaking through, starting a new round of rising cycle.

Hello everyone. $ETH Ethereum is suppressed by the resistance of 3500 and is currently back to around 3350. From the perspective of the four-hour market today, it is actually very easy to give a good long opportunity.
At present, in this round of four-hour level callback, we can see the 3100-3220 area. Within this range, Ethereum can easily exchange trends and turn from a downward trend to an upward trend.
If the market gives a corresponding signal in this area as expected, we have reason to make a long order operation! The target can be around the resistance level of 3500, and the stop loss is set at 3100 (if the current callback does not fall below). If 3100 is briefly broken but quickly pulled back, the stop loss is placed at the new low.
As expected, this is an opportunity with a high winning rate and profit-loss ratio, so I suggest that everyone pay close attention. Once the trend turns, there is a certain probability that the bull market will continue and break through the 4000 position, and our cost of around 3100 is exactly the bottom position of the new round of rise.

【Daily Market Review - December 25】

Summary:
① The daily and 4-hour charts of Ethereum show contradictions, and the originally planned medium-term short position is temporarily canceled.
② The daily chart has not yet stopped falling, while the 4-hour chart indicates that if Ethereum does not break below the 3100 level next week, it will reverse the current bearish trend.
③ Ethereum represents the altcoin market; when Ethereum rises, the altcoin season will come.
④ 529480198806 is expected to soon enter the "golden chip" zone, and spot traders should be prepared.

In recent days, various bloggers have been cheering for the altcoin season, recommending everyone to invest in altcoins, so today we will focus on the altcoin sector.
$ETH #ETH , as the leading altcoin Ethereum, has shown little movement after briefly touching the 3500 level. In fact, we do not need to worry for now; based on the previous analysis of the 4-hour chart, we can still see the 3600 range, meaning there is no need to close long positions for the time being.
In our previous analysis, we also mentioned that the overall market would not see much action this week, likely just a rebound from overselling, while the daily chart will continue to decline next week. However, as of today, the 4-hour chart of Ethereum shows an uncertain direction, and there is a significant probability that the next decline will not break below 3100, which would lead to a reversal of the bearish trend and a return to bullishness.
Therefore, the medium-term short position we originally planned is temporarily canceled due to the contradictions on the daily and 4-hour charts.
52948019806#MEME , I would like to mention a coin I have been looking at recently; from the daily chart, MEME is expected to decline again after this pullback, after which it will enter the "golden phase" for spot entry. If the trend goes as expected, the price is anticipated to return to the "golden chip" zone soon, at which point it will be very necessary to heavily invest in spot.

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【Daily Market Analysis - December 24】
Starting today, I will intermittently release "Daily Market Analysis" on Binance to help everyone understand market conditions and promptly notice market changes.
$ETH #ETH On the four-hour chart, Ethereum has already reached the bottom area, and it is likely to rebound to around 3600 next. With a sufficient risk-reward ratio, one can consider taking long positions and take profits near 3600.
From the daily chart, the correction is likely still not over, and a new round of decline is expected to begin in a week.
From the daily trend of $BTC #BTC Bitcoin, the upward cycle is likely still not over, and this round of correction is expected to start a new bull market in the first quarter of 2025.

$ETH On a macro level, ETH is already very close to a callback shock, and needs to be paid attention to recently.