December 15

Analysis of Brother Nine's Market Today - $ETH

1⃣ The market conditions are generally consistent with expectations from the 13th, and there is a high probability that the trend line will be broken to absorb liquidity. However, it is close to the support zone of 3000-3020, so shorting is not advisable. Unfortunately, it was only 2 dollars away from 3020 at its lowest, otherwise the profit from this rebound would have been considerable.

2⃣ The support effect from the five-wave decline at the 1-hour level is quite evident, so there is a higher probability of a short-term oscillation upward. The main direction should still focus on going long at lower prices.

3⃣ Support levels: 3050, 3100; Resistance levels: 3156, 3190