#数字资产市场动态 ETH Evening Market Analysis | December 26 Technical Overview

In the past couple of days, ETH has been oscillating between 2940 and 2980, with strong resistance above 3000 and support at 2920 that must be held. Let's analyze each part.

**Key Price Levels at a Glance**

Resistance above is distributed as follows: 3000 is a hard barrier (bulls must prove themselves here), 2980-2990 is the top zone for intraday rebounds. If ETH can hold above 3000, there’s a chance to test 3020-3050, aiming for a 40-60 point move.

Support below needs clarification: 2940 is the main support, 2920 is the line of defense (must not break), and the 2880-2900 zone is a strong support band. If 2920 is broken, be cautious of a dip toward 2880-2900.

**Technical Analysis**

The 4-hour chart shows some interesting signs—MACD has formed a golden cross below the zero line, and the histogram is turning red, indicating short-term rebound energy is building. The lower Bollinger Band near 2920 provides support. However, the daily chart is still under the pressure of the EMA30, and the overall weak trend remains unchanged. The 3000 level is the critical line between bulls and bears.

On the capital side, after the Christmas holiday, liquidity is still tight. Breaking the range is difficult with low volume. Keep an eye on BTC’s movements, and be ready to react quickly to any sudden news shocks.

**Trading Rhythm**

For those looking to buy low: buy in batches around 2920-2940, set stop-loss at 2900, first target 2980-3000, and if broken, look toward 3020.

For those aiming to short at high levels: lightly short around 2980-3000, set stop-loss at 3020, target a retest of 2940-2920.

Breakout opportunities: if volume supports and ETH stabilizes above 3000, go long with targets at 3020-3050; conversely, if it drops below 2920 with volume, quickly switch to short with targets at 2880-2900. Don’t miss the chance to flip positions.

**Risk Points**

Low liquidity can lead to sharp spikes, so small positions and stop-losses are standard—avoid heavy holding and stubbornly holding through dips. Also, if BTC breaks below 87000, ETH is likely to follow downward, so reduce positions promptly to cut losses.

The market is moving, and rhythm is crucial.