Ethereum (ETH) tested resistance again but failed to break through. The upper Bollinger Band and the 200 EMA on the 4-hour chart are providing effective resistance. If there's a rebound in the early morning, continue to monitor for a breakout of the previous high. Early morning orders should be placed to buy on pullbacks, with small positions and stop-loss orders in place. If the stop-loss level is broken, it will likely continue testing the 2830 level. My early morning order for ETH on December 9th was a long position at 2980, with a stop-loss at 2945 and a target of 3080. This is just my personal opinion and for reference only.
Ethereum pre-orders placed in the early hours of today (December 9th) are shared.
2025-12-08 15:49:37
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