#ETH走势分析 Evening Market Watch on December 8: Key Levels and Recent Trends for $SOL and $BNB
$SOL is pretty interesting here—the price has just touched the key 50-day moving average at 137.50, and the hourly chart shows a small double bottom pattern. Trading volume has picked up, and open interest is up 8%, now standing at $2.8 billion. It looks like the bulls are making an effort, and the rebound momentum is a bit stronger than the last couple of days.
Specifically, short-term support is right at the $135 level—if it breaks, the double bottom pattern will fail, and the price could quickly fall back into the $130-$128 range. On the upside, resistance is mainly at $142, where there’s a lot of selling pressure. Only a real breakout and hold above this level can push the price higher, targeting $145-$150.
Tonight, it’s likely we’ll first test the $140-$142 resistance zone. If trading volume doesn’t keep up, it’s easy to get knocked back down here, returning to the $135-$140 consolidation range. But if volume supports a breakout above $142 and open interest keeps rising, there’s a chance to push toward $145—though beware of a sharp pullback triggered by short-term profit-taking from ETF funds.
Now looking at $BNB, it’s still suppressed below the 200-day EMA, with a 24-hour volatility of just 3.09% and trading volume of 1.5515 million, overall showing a weak consolidation. Short-term support is at $880-$890, with the lowest price touching $878.13, which attracted some buying. Resistance is mainly in the $905-$910 range (the highest price reached $905.26), with another level at $950.
It’s expected to trade in a tight $890-$905 range tonight, with rebound strength limited by the 200-day EMA. If $880 breaks, it could further dip to $850-$860. Only a strong influx of capital can break through $910, and then it might briefly spike to $920-$930, but the bears haven’t loosened their grip, so a pullback after a rally is likely.
Risk Warning: Cryptocurrency prices are affected by large on-chain transfers, ETF fund flows, market sentiment, and other factors. The above analysis is based on real-time prices and current data for reference only and does not constitute investment advice. Please strictly control your position size and set stop-losses when trading.
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RiddleMaster
· 5h ago
I don't quite understand it anymore.
View OriginalReply0
PessimisticLayer
· 16h ago
BNB is a bit risky
View OriginalReply0
HappyToBeDumped
· 16h ago
The bulls can't hold on anymore.
View OriginalReply0
Ramen_Until_Rich
· 16h ago
Re-entering the market with a bullish outlook
View OriginalReply0
TokenomicsTrapper
· 16h ago
It feels like the bulls are testing.
View OriginalReply0
GasWhisperer
· 16h ago
For short-term trading, just look at the trading volume.
#ETH走势分析 Evening Market Watch on December 8: Key Levels and Recent Trends for $SOL and $BNB
$SOL is pretty interesting here—the price has just touched the key 50-day moving average at 137.50, and the hourly chart shows a small double bottom pattern. Trading volume has picked up, and open interest is up 8%, now standing at $2.8 billion. It looks like the bulls are making an effort, and the rebound momentum is a bit stronger than the last couple of days.
Specifically, short-term support is right at the $135 level—if it breaks, the double bottom pattern will fail, and the price could quickly fall back into the $130-$128 range. On the upside, resistance is mainly at $142, where there’s a lot of selling pressure. Only a real breakout and hold above this level can push the price higher, targeting $145-$150.
Tonight, it’s likely we’ll first test the $140-$142 resistance zone. If trading volume doesn’t keep up, it’s easy to get knocked back down here, returning to the $135-$140 consolidation range. But if volume supports a breakout above $142 and open interest keeps rising, there’s a chance to push toward $145—though beware of a sharp pullback triggered by short-term profit-taking from ETF funds.
Now looking at $BNB, it’s still suppressed below the 200-day EMA, with a 24-hour volatility of just 3.09% and trading volume of 1.5515 million, overall showing a weak consolidation. Short-term support is at $880-$890, with the lowest price touching $878.13, which attracted some buying. Resistance is mainly in the $905-$910 range (the highest price reached $905.26), with another level at $950.
It’s expected to trade in a tight $890-$905 range tonight, with rebound strength limited by the 200-day EMA. If $880 breaks, it could further dip to $850-$860. Only a strong influx of capital can break through $910, and then it might briefly spike to $920-$930, but the bears haven’t loosened their grip, so a pullback after a rally is likely.
Risk Warning: Cryptocurrency prices are affected by large on-chain transfers, ETF fund flows, market sentiment, and other factors. The above analysis is based on real-time prices and current data for reference only and does not constitute investment advice. Please strictly control your position size and set stop-losses when trading.