【CryptoWorld】ETH's recent trend is quite interesting. From 4:00 PM on December 10th to 8:00 PM on the 11th, a span of 20 hours, the price first retraced to around $3,027, then began to rebound starting yesterday noon. It has now climbed back above $3,300. The latest 4-hour candlestick closed with a small bullish candle, and trading volume has increased accordingly.
From a technical perspective, several signals are worth noting: Although the MACD is still oscillating below the zero line, the histogram is clearly narrowing, indicating weakening bearish momentum. More importantly, the KDJ indicator has just generated a bullish crossover, with J value at just 3 — such an extreme oversold level often signals a short-term rebound opportunity. The 10-day moving average has already turned upward and crossed above the 30-day moving average, forming a bullish alignment.
In terms of support and resistance levels, $3,059 is currently the nearest support. If this level is broken, a retest of $3,011 may occur. On the upside, $3,413 is a strong resistance, with the previous high at $3,390 being a key hurdle.