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12.12 Auntie's Morning Thoughts
The market shows that ETH encountered resistance after surging and then pulled back; the 4-hour chart displays a clear bearish structure. The price remains under pressure from the MA144/MA169 and other medium- to long-term moving averages, with insufficient rebound momentum, indicating a generally weak sideways trend.
Operational Suggestions
Range around 3250-3350, target 3150-3100$ETH