2025-12-09 21:14:30

This Ethereum move is quite interesting. On the daily chart, a bullish engulfing pattern appeared on the 2nd and 3rd, signaling a clear bullish trend. However, the 12-hour and 6-hour timeframes show some short-term pullback pressure.

Currently, the price is consolidating around 3140. Pay attention to the 3208-3220 resistance zone above. My strategy is to set up long positions around 3140 with a stop loss at 3126. If it breaks through 3165 smoothly, it will likely continue up to 3230. In the 3250-3280 range, consider reversing to short positions, with a stop loss above 3285.

For support below, focus on the 3040-3065 area, where you can accumulate longs in batches, set stop loss at 3015, and target 3145-3165.

If it breaks below 3030, things get tricky, and it may extend down to 2975-2985. You can try bottom fishing at that level, keeping stop loss below 2960.

ETH-3.71%

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Blockwatcher9000

· 12-11 10:10

Is this the same number game again, 3140, 3165, 3230... Looks very precise, but will the market really behave this well? Haha

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AirdropHunter

· 12-10 14:42

Damn, it's the same move again. The 3140 long position seems too late...

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BanklessAtHeart

· 12-09 21:44

The 3140 level is indeed interesting. I also noticed the bullish engulfing pattern, but the short-term cycles are really a bit annoying.

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PrivacyMaximalist

· 12-09 21:43

3140 is indeed a level that's prone to fluctuations. Looks like you've set your stop-loss pretty tight.

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BitcoinDaddy

· 12-09 21:42

The 3140 level is indeed quite interesting, and the bullish engulfing signal is pretty clear. But why is the selling pressure so strong during this pullback...

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LiquidityHunter

· 12-09 21:37

It's always about bullish engulfing and bullish signals—I’ve heard this spiel so many times it’s become repetitive... Setting up around 3140? Easy to say, but if it actually drops below 3030, you’d be bleeding.

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RektRecorder

· 12-09 21:33

I'm also keeping an eye on the 3140 level; I'm just worried that a short-term pullback might shake people out.

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MEVSandwichMaker

· 12-09 21:32

3140 is a bit of a sticking point. It's not too late to get in after it breaks through 3165.

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