#美联储降息 Ethereum Technical Overview (Mid-December Market Review)

Currently, $ETH is hovering around 3125, struggling to hold the 3100 support level on the daily chart, forming a small bullish candle. Switching to the 4-hour chart, the price is testing a key trendline repeatedly.

The bullish logic is as follows: if volume cooperates, a breakout above 3135 could be a signal to follow up with long positions. The first target range is 3180-3220, but don’t be greedy—taking profits in stages is the proper approach, with stop-loss placed below 3080.

From a bearish perspective, if the price dips to the 3000 support level, it might actually be an opportunity for a low-buy rebound, with the rebound target around 3350.

However, an important point to note is that liquidity is already thin at the end of the year, and the risk of a false breakout is present. Small position trading is the wise choice. In short, trading volume is the key to verifying whether the trend is real or fake, so don’t be fooled by false signals. Under the backdrop of Federal Reserve rate cuts, maintaining caution in the short term is still necessary.