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Cryptocurrency Circle Scholar: Latest market analysis reference for Ethereum (ETH) on December 13, 2024.
Ethereum's current price is 3920, and it is currently 3:25 AM Beijing time. The bullish position announced yesterday at 3633 was finally closed out at 3918, and all were cashed out. The upward Trendlines have not broken. First, take profits before continuing to hold. Not shorting is because only positions within recognized market conditions are taken. Everyone can look at the chart to find the upward Trendlines Support and the entry point at 3633. Keep a record; there will be many more precise entry points to Share in the future.
The daily Candlestick broke 3980 at its highest and fell below 3800 at its lowest. After a day of a one-sided move, a correction started before publication. The actual position's content has been updated; follow me. The EMA15 trend line stretched and broke 3735; the bullish trend remains unchanged. MACD's volume has decreased, indicating a contraction, while the price remains at a high position with divergences. The DIF and DEA formed a death cross, but the Candlestick pulls upward instead. The Bollinger Bands continue in an upward channel, so pay attention to the upper resistance at 4090 and the middle support at 3685. If you haven't entered yet, wait for a pullback before entering. Don't trade unless the trend corrects.
On the four-hour Candlestick chart, it encountered resistance at the upward Trendlines Support level of 3950 and started to move downward. Pay attention to the first support at 3835 and the second support at 3660 of the EMA trend line. MACD's volume is decreasing, and the DIF and DEA are forming polarization. The direction is consolidating between long and short. The Candlestick hit the upper Bollinger Band at 3990 and then started to pull back. Pay attention to the middle support at 3765 and the lower band at 3550. Both positions can be used as trial entry points for long positions, with proper stop-loss strategies; if wrong, cut losses; if correct, Hold with a red heart and two hands ready. Don't hold onto losing positions.
Short-term reference: Safety first, remember that the market is not 100% predictable, so always set a stop-loss. Safety first, aiming for small losses and large gains is the goal.
Sell around 3950 to 4000, with a stop-loss at 4050, a 50-point stop-loss, and a target of 3900 to 3850; if broken, look for 3800 to 3750.
Buy around 3750 to 3700, with a stop-loss at 3650, a 50-point stop-loss, and a target of 3800 to 3850; if broken, look for 3900 to 3950.
The specific operation is mainly based on real-time data of the order book. For more details, you can consult the author for more news. There may be delays in article publication, so it is recommended for reference only, and risks are self-managed.