12.14 ETH Afternoon Market Analysis
I. Logical Support
1. Macro: After the Federal Reserve cuts interest rates, easing expectations cool down, risk assets lack liquidity, and ETH lacks incremental funds.
2. Technical: Narrow compression between 3050-3180, resistance at 3150-3180 during rebounds, declines supported at 3050, volatility remains low.
3. Market: Significant bullish and bearish divergence, selling pressure above, support from chips below, trading volume is light.
II. Trend Qualification
The trend is sideways with a bias to the downside, within the core range of 3050-3180, rebounds a
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