#加密生态动态追踪 Ethereum's price action on December 10th clearly outperformed Bitcoin, reaching a high of around 3397. The current 1-hour chart shows a sideways consolidation at high levels, which is normal in strong trending markets—indicating a shakeout rather than a top. From the market signals, the upper band of the 4-hour Bollinger Bands is fully opened, and technical momentum is still being released, suggesting there’s still potential for a rally tonight.

However, attention should be paid to the data releases in the early morning, as they could cause sharp volatility. Risk control is essential.

There are two possible scenarios for the trend. One is ETH retracing downward to around 3138 for a test of the breakout level—if it doesn’t collapse but instead rebounds, that presents an opportunity. Trying to buy around 3138 is a good idea, but stop-loss should be set properly.

The other possibility is a strong breakout above 3400, in which case considering a follow-up near the EMA21 is reasonable. The market will dictate which path it takes. Overall, the target for this rebound is still looking toward the high of 3650. As long as there’s no high-volume breakdown of support, the bullish outlook remains valid.