2025-12-16 23:40:12

#大户持仓变化 12.17 Ethereum lacks the momentum for an upward breakthrough, and resistance at higher levels still exists.

Currently, the market is still oscillating back and forth, waiting for a clear direction. There's an interesting point on the daily chart—the candlesticks are hugging the lower band of the Bollinger Bands, which is still being pushed downward, hinting at a bearish trend.

The four-hour chart is even clearer. All three Bollinger Bands are trending downward, indicating a clear bearish dominance. Last night, the price rebounded near the middle band but hit a strong resistance, then pulled back. The middle band has now become a short-term key resistance level, and the rebound momentum has clearly weakened.

How to operate? The key is at this middle band level. It is recommended to short on rallies and avoid greed.

Regarding Ethereum, consider short positions around 2990 and 3090, with targets in the 2870 to 2800 range.

$BTC $ETH $BNB

ETH-0,74%

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DeFi_Dad_Jokes

· 2025-12-19 16:42

It's another day of "shorting on rallies, don't be greedy," brothers, I'm tired of hearing it. I like the saying that the rebound momentum is weakening, but it just feels like every time they say that, we get hammered unexpectedly. Is the 2990 level really that tough?

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PessimisticLayer

· 2025-12-19 09:55

Another Bollinger Band and the middle band, sounds like the bears are very confident, but I feel like this rebound is just beginning. It looks like it's about to crash down, so let's wait and see, don't get caught. Short at 2990? I think we need to see a bit more upside, there are quite a few people bottom fishing here. Exhausted, huh? Then keep falling, I don't have any positions anyway. With Bollinger Bands so firmly suppressing, it seems there's still room to test lower, is the target of 2800 realistic?

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YieldHunter

· 2025-12-18 16:48

technically speaking if you're actually looking at the data... that midline rejection screams unsustainable. correlation's not in favor of bulls rn tbh

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SchrodingersPaper

· 2025-12-17 11:20

Here we go again, same old story. Short sellers are in the lead, but I feel the rebound is particularly strong... Didn't it also drop yesterday? Today I'm still watching the 2990 short position. Anyway, losing money is what I'm best at.

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MEVHunterNoLoss

· 2025-12-17 00:10

Are the Bollinger Bands compressing again? This time, it's really going to break downward. Don't underestimate the middle band level. I've marked the short position; just waiting for the trigger moment.

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MetaNeighbor

· 2025-12-17 00:10

Bollinger Bands are being squeezed again, this wave is really a bit annoying, the rebound is not strong at all --- The saying that bears are dominant... Why do I feel like it's being said every day --- 2990 short position? Those who bought the dip haven't cut their losses yet, and now they're going short again --- The middle band is firmly pressing down, is it really going to break this time or just continue to deceive? --- Exhaustion, exhaustion, every time it's said to be exhaustion, but what is the result --- Shorting on rallies has been said a thousand times, why am I still losing --- Target 2800? The last target wasn't reached, what about this time

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MEV_Whisperer

· 2025-12-17 00:05

When Bollinger Bands move downward together, that's the sign—bearish trend must continue, don't blindly catch the bottom.

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LiquiditySurfer

· 2025-12-17 00:05

Here comes the bearish talk again. I think ETH is indeed weak in this wave, but rushing to short depends on the trading volume and whether it supports it. Feeling a bit anxious.

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