The bullish case for ETH is just right. The four-hour ascending channel has been perfectly formed, with lows gradually rising and highs continuously breaking through. The trend structure is very healthy.
A pullback is an excellent entry point. It is recommended to rely on the key support around 3140 to set up long positions. The support has been tested multiple times and verified as effective. Stop-loss can be slightly set below the support. The initial target is around 3260-3300. After breaking through, it can further aim at the previous resistance level of the consolidation platform.
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12.11 Trend Analysis
Good afternoon, everyone. Long time no see, I miss you all very much!
The market reaction after the interest rate cut was unexpected, with a significant pullback overnight. Today, look for a rebound, paying close attention to the white line position. Only if it stabilizes above that level on the 1-hour chart can there be a true rebound; otherwise, it will continue to decline.
Today's Trend Analysis
Bitcoin: Watch 909. If it cannot break above, small-level rebounds will be weak. Support levels are 89360, 87700, 86230; if it breaks above, expect a rebound on the 1-hour chart

As almost all major assets are trading in a range, analysts emphasize that the tone of Jerome Powell's speech, rather than the rate cut itself, may determine the market’s next real trend.
In recent days, Bitcoin has fluctuated between $88,000 and $93,000, and as the year-end approaches, liquidity is gradually declining. Ethereum is holding around $3,100, BNB is near $886, and Solana is around $132. During this period of wait-and-see, the total crypto market cap has dropped to around $3.1 trillion.
ETF Flows Show Rotation Into Altcoins
Despite the lackluster price action, exchange-traded funds