Analyst Chen Shu: Current Price Strategy at 23:50 on December 18th

Analysis: Ethereum has rebounded to the resistance level of yesterday's pullback, the 4-hour MA30 moving average, around 2980. Bitcoin has also rebounded to the resistance level of 8.95. We suggest shorting Ethereum at the current price of 8.9, with targets at 8.8/8.7, and further targets at 2910/2880. Stop loss should be 600/45 points. Market conditions are volatile; aggressive traders may consider a small position, while conservative traders should remain on the sidelines. Those interested can communicate in real-time to follow our strategy!