#数字资产生态回暖 December 12 Evening Ethereum Market Observation



From the hourly chart, Ethereum has been oscillating within a bearish flag pattern, consolidating for nearly a day. To maintain an upward momentum, a valid breakout above this flag resistance is necessary. Recently, several candlesticks have formed doji patterns, indicating short-term indecision and a standoff between bulls and bears, with a lack of immediate buying or selling enthusiasm. The direction of the market tonight will be crucial.

My personal bias is towards an upward breakout. As long as the lower support of the bearish flag is not broken, ETH will not experience a deep retracement.

Evening trading strategy: Look for opportunities around 3210-3230, with a focus on the 3260-3310 range above.
ETH-0.47%
BTC-1.61%
XRP-1.24%
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GasDevourervip
· 5h ago
Still tormenting within the flag pattern? A bunch of doji stars, where are the bulls, really? --- Buying the dip at 3210-3230? It looks like a trap to me, let's wait and see. --- Must break the level tonight, or else it will consolidate until dawn. I bet on an upward breakout this time. --- I've been watching the bearish flag pattern for so long, I feel suffocated. If it can't break, I'll close my positions. --- I placed an order around 3230. If it doesn't fill, I'll go to sleep and check again tomorrow. --- So many doji stars appearing, it's really strange. Feels like they are absorbing the funds, waiting for a good show. --- If 3310 really breaks, that would be great, but I don't quite believe it can go up in one go. --- When will this wave truly take off? I'm getting a bit impatient.
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GasBankruptervip
· 12-12 11:49
Flag pattern again and flag pattern, every day flag pattern, when will it break through... --- A bunch of doji stars, both bulls and bears don't want to work, right? --- Buy in at 3210, watch at 3260, this wave still feels like testing repeatedly. --- Uh... it's another bullish expectation, every time it says that, you have to wait for a long time. --- Not breaking through means it won't drop sharply? Sounds like nothing was said, haha. --- Choose a direction in the evening, then just wait to be smashed. --- Ethereum's recent consolidation is a bit boring. --- Feeling itchy to operate but not sure where it's headed. --- Where's the promised recovery? Feels like it's just dragging on. --- Buy point at 3230 looks okay, but gas fees are going to explode...
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CompoundPersonalityvip
· 12-12 11:47
The flag formation has been consolidating for nearly a day. Now it's just a matter of whether a decisive move can be made tonight. It still feels like there's a higher probability of an upward move. I've accumulated some support around 3210, just waiting for a breakthrough past 3260.
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AlphaLeakervip
· 12-12 11:44
The flag pattern has been forming for almost a day, with a bunch of doji candles. Both bulls and bears are hesitant to take serious action. Let's see what choices are made tonight.
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blocksnarkvip
· 12-12 11:37
It's both a flag pattern and a doji star, feels like it's just missing a bottom haha Wait, can the lower support really hold... The recent two days' movement looks a bit weak I'll keep an eye on the 3210 level, but don't trick me into going long again
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CryptoWageSlavevip
· 12-12 11:26
The doji star has been forming all day, and neither bulls nor bears have any temper... Can we get a clear direction tonight? If it can't break the upper boundary of the flag pattern, I really don't dare to chase the high. You can try a small test around 3210, but the prerequisite is to hold the lower boundary. Once it's broken, you have to run.
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