12.26 Evening ETH Forecast and Analysis



In the evening, ETH fluctuates around the 2940-2980 range, testing the 3000 resistance level, with support at 2920 as the vital line.

1. Key Price Levels

- Resistance: 3000 (strong resistance), 2980-2990 (intraday rebound top). Staying above 3000 may push towards 3020-3050, aiming for 40-60 points.
- Support: 2940 (main support), 2920 (lifeline), 2880-2900 (strong support zone). Falling below 2920 warns of a move down to 2880-2900.

2. Technical Overview

- 4H Chart: MACD shows a golden cross below the zero line, with red bars, indicating short-term rebound momentum. Bollinger lower band near 2920 provides support.
- Daily Chart: Under EMA30 resistance, overall weak. The 3000 level is a critical dividing line between bulls and bears.
- Capital Flow: Liquidity is tight during the Christmas holiday, insufficient volume makes breaking the range difficult. Watch for BTC correlation and sudden news shocks.

3. Trading Strategies

1. Buy Low: Enter multiple long positions at 2920-2940, stop loss at 2900, target 2980-3000, break above for 3020.
2. Short High: Light short positions at 2980-3000, stop loss at 3020, target 2940-2920.
3. Breakout: Increase volume and hold above 3000 to chase longs, target 3020-3050; if it breaks below 2920 with volume, switch to short targeting 2880-2900.

4. Risk Reminder

- Low liquidity can cause sharp moves; use small positions with stop loss, avoid heavy positions.
- Monitor BTC; if BTC breaks 87,000, ETH may also decline, reduce positions promptly to manage risk.

5. Real-Time Monitoring Guide

Captain provides real-time market analysis. Scan the QR code to join the chat room for instant level updates, sudden news response strategies, and entry/exit signals to seize evening swing profits!
SNEK-1.49%
SOL-2.08%
ETH-1.71%
GT0.49%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
雾隐青山林vip
· 3h ago
Are you shorting now?
View OriginalReply0
View More
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)