——December 12th short essay——
Original text 1: The key support level at present is the 91400 line. If the price wants to continue to rise, it must not fall below the 91400 line; it is best for the price to stay above this line. Once the price falls below the 91400 line, the bullish momentum weakens by half. If it also falls below the 90700 line, the bullish sentiment is basically gone, and the market returns to being controlled by bears.
Original text 2: If it's just a bounce, the price may not even surpass the 93500 line and will directly turn downward. After obvious bearish signals appear, short it. Better to be wrong than let it go.
Summary: There was basically no upward movement during the day yesterday, and after 10 PM, clear bearish signals appeared directly. It's just a rebound, merely a false signal for bulls, and the bulls are basically done.
——Small essay on December 13——
It should have not dropped to the right level; I think the price is likely to touch around 88100. Only when the price reaches here is there a greater possibility of stopping the decline and stabilizing.
As for the current rebound, regardless of its strength, after the rebound ends, it is likely to continue to drop, breaking below 89200 and looking towards 88100. Hence, before reaching 88100, there is still a key support level at 89200.
Therefore, in the next couple of days, it is a trend-following strategy to short at highs. Unless the price retraces to 89200 or even 88100, only then would it be wise to short again, and one should be cautious. Or at that time, specific issues should be analyzed specifically.
There are two key resistance zones above: one is the range [90700-91000], and the other is the range [91400-91700].
How to say, if the price is going to drop, it will very likely encounter resistance and fall back in the range [90700-91000]. If the first range fails, meaning the price surprisingly rebounds to the second range, then although short positions can be taken, it is uncertain whether it will be a drop or just an adjustment, whether to short for the short term or for the trend; it is impossible to judge now. Moreover, by that time, the price may still have the possibility of turning back up, which would be very problematic for the market makers. However, I think this possibility should be low.
Therefore, for the time being, I am looking downwards, anticipating a regular rebound followed by a drop. Open positions must have stop losses; fear nothing else, just fear the emergence of extreme market conditions.#加密市场反弹 #ETH走势分析 #加密市场观察 
