12.18 Thursday midday market analysis. ETH has experienced recent intense market volatility, with macro events such as CPI data and the Bank of Japan's decision exacerbating price fluctuations. Whale holdings indicate high risk, with significant pressure near liquidation prices, and key technical support levels are under scrutiny. Although there is potential for a rebound, market sentiment remains bearish, and holding risks are high. Investors should carefully manage their positions, avoid high leverage exposure, and monitor tonight's data releases to mitigate chain liquidation risks. Contract traders should prioritize swing trading rather than long-term holding, waiting for clearer trends before taking action.