The current ETH market trend is indeed hard to judge. From the buy the dip on 11.21 to the stage high point that appeared on 12.11, then a rebound occurred in the blue circle range early in the morning, but don’t you feel that the rebound strength is not quite enough?

The current situation is as follows: Those who entered on 12.19 should still have some profit in hand, while those who cut in during the early hours are basically stuck around the cost line now. The premise is that you all have set your stop losses, which is very crucial.

How to proceed on the next path? The key point is at the high of 3077. If this position can be taken in the short term, we can still expect something from the blue line. But if it fails to break through for a long time, then we might have to follow the red line – first a rebound, then continue to adjust downwards. According to Gann's timing, there is expected to be pressure around the time window of 12.29.

To be honest, no matter how you operate, the safety of the principal is always the top priority. Only by ensuring that the original capital is intact can you have the confidence to take risks when high-certainty opportunities arise. By doing this over the long term, stable profits will not be a dream.

ETH is now at a critical turning point in the market. I will continue to monitor it and notify everyone immediately if there are any new changes.