December 28 ETH Core Conclusion: Narrow fluctuations between $2940-$2980, short-term bias is neutral with no strong trend, mainly trading within high reward-to-risk zones, total position ≤30%, beware of low liquidity spikes and false breakouts without volume over the weekend.

1. Key Price Levels (4H/Daily chart, as of 12:00 on December 28, current price approximately $2950)

• Support: $2940 (4H strong support / high trading density zone), $2925 (psychological level), $2910 (strong support), $2900 (stop-loss level)

• Resistance: $2970-$2980 (20-day moving average / rebound high), $3000 (round number), $3030 (Fibonacci 61.8% retracement)

2. Core Indicators and Patterns

• Trend: 4H ADX<20, no strong trend, -DI>+DI, bears slightly favored; daily chart under 20-day MA, high-level correction continues

• Pattern: 4H descending wedge, upper boundary at 2970-2980 with clear resistance, high probability of downward breakout

• Indicators: MACD positive bars shrinking, momentum weakening; RSI neutral with no obvious divergence; Bollinger Bands narrowing, middle band providing significant resistance

• Volume: Weekend liquidity is low, breakout requires volume + confirmation of 2 consecutive 4H candles, false breakouts are easy without volume

3. Executable Strategies (with risk control)

1. Short Strategy (priority, high reward-to-risk)

◦ Entry: Light short position on rebound to 2970-2978

◦ Stop-loss: 2985 (upper boundary of 20-day MA, exit if volume breaks above)

◦ Take profit: 2940 (partial profit), second target 2925, if broken look at 2910

2. Long Strategy (re-enter after stabilization)

◦ Entry: Light long position on pullback to 2940-2945 with stabilization (15-minute bullish close)

◦ Stop-loss: 2935 (if volume breaks below, abandon)

◦ Take profit: 2970, if突破 above 2978, then target 3000 with volume increase

3. Breakout Strategy

◦ Upward breakout: stabilize above 3000 with volume, chase long, target 3030, stop-loss 2990

◦ Downward breakout: break below 2925 with volume, chase short, target 2910, stop-loss 2933

4. Risk Control and Execution Points

• Single trade size ≤10%, total position ≤30%, no leverage or low leverage

• During low liquidity periods (22:00-4:00 next day), open fewer new positions, existing positions should have stop-loss set in advance

• Breakouts require volume + confirmation of 2 consecutive 4H candles, avoid chasing or holding unconfirmed positions