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#以太坊行情解读 December 22 Ethereum intraday trend
$ETH is in sync with Bitcoin today, with the overall rhythm primarily characterized by fluctuations, supported by swing trading.
From a technical perspective, we need to closely monitor the key support at 2950 below. If there is no rebound from this position, the probability of further declines will increase. Overall, in the short term, the price will fluctuate around the range of 2940-2980, with an initial upward target of around 3060; if this wave is strong enough, it could even surge to around 3168.
The key point to observe is 3060, which is currently the largest resistance level. If it is smashed down again, we will have to look back at the support level of 2950. The movement of $BTC is also crucial, and the rhythm of $ETH basically follows its lead.
Simple summary: Fluctuations within the range of 2940-2980, breaking above 3060 looks to 3168, breaking below 2950 further confirms weakness.