How is the ETH market looking tonight? Here's a brief overview of the key levels.



First, let's talk about support. The Qian Kun line at 3112 is a lifeline; if the price stays above it, the outlook remains bullish. If it drops below, caution is needed. If it breaks downward, the 3092 level becomes the new line of defense—if the 15-minute closing cannot hold above it, there might be a pullback to around 3066 to seek a rebound. Weekend trading is often quite choppy, so don't be too greedy. If it breaks below 3092, follow the short-selling logic. Remember the 3008 level—staying disciplined here is crucial. Below that, there are support levels at 3008, 2986, and 2947. Consider adjusting your stop-loss and take-profit levels to chase breakouts.

Conversely, on the bullish side, a break above 3132 signals a potential upward trend, indicating a possible sustained rally. However, avoid greed—there's a likelihood of a pullback around 3148, so stay cautious if the price remains above 3132. If the upward momentum continues, watch out for resistance levels at 3148, 3162, 3217, and even 3254. It’s advisable to consider reducing your position or setting trailing stops around 3160 to lock in profits.

Overall, weekend trading offers both long and short opportunities, but close attention to these key levels is essential.
ETH-1.54%
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RamenStackervip
· 12-13 20:49
I will run after breaking 3112; honestly, this wave of market looks quite uncomfortable.
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SlowLearnerWangvip
· 12-13 20:44
Again these numbers, I can't remember every time... 3112 or 3132 is coming, anyway, if it breaks, run away
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ImpermanentPhobiavip
· 12-13 20:26
Break 3112 and you gotta run, don't wait for 3092
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GasFeeCryingvip
· 12-13 20:21
Once 3112 is broken, you have to run. This weekend has been too tense.
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