The spotlight in the crypto market is fully on Ethereum. Around the $3000 mark, bulls and bears are engaged in a tug-of-war—will it break through strongly and hold above 3000, or be pressured down to around 2800? The answer will be revealed tonight.
From the market data perspective, Federal Reserve Governor Waller will deliver a speech at 21:15 tonight, which is the real market trigger. Notably, Waller is currently competing for the next Fed Chair position and will soon have an interview with Trump—every word and phrase could ignite market sentiment, making this speech highly significant.
From the technical charts, Ethereum remains in a clear consolidation range. Looking at the 1-hour candlestick chart, an interesting pattern emerges: after three previous breakouts of the range, a downward correction followed each time. This repeated pattern suggests that tonight is likely to continue with a sideways to weak trend, as the market awaits the Bollinger Bands to open and confirm the direction.
Trading strategy-wise, tonight's main theme is to short at high levels. If Waller's speech signals a dovish stance, Ethereum might rebound briefly, but it will be difficult to change the overall weak and volatile situation—how US stocks perform after opening will be the real guiding indicator.
In terms of actual trading: aggressive traders can consider trying a small position at the current price, while conservative investors might wait for US stock market opening to observe the reaction and confirm entry points based on market sentiment. This choppy market can indeed be confusing, but as long as you keep an eye on technical signals and fundamental developments, your strategy can stay clear.
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.
19 Likes
Reward
19
10
Repost
Share
Comment
0/400
LightningWallet
· 2025-12-20 08:30
Waller's speech is the real catalyst; this guy is competing for the Federal Reserve Chair position, so every word must be carefully considered.
It's that 3000 level again, feels like we've been炒ing it for half a month, will it break or not?
The Bollinger Bands still haven't opened up; it seems tonight will be volatile until dawn.
The US stock market opening is the real stabilizer; right now, it's just a false alarm.
Shorting? Still better to wait until Waller finishes speaking, or you'll easily get caught.
This market is truly crazy; the constant fluctuations make me not even want to look at the candlestick charts.
Below 3000 is 2800; it feels like there's no support, a bit risky.
Are aggressive traders testing the waters? I think it's better to wait and see, let the bullets fly for a while.
A dovish signal suggests Ethereum might rebound, but can the bulls hold? It doesn't seem that simple.
The most annoying thing about choppy markets is that stop-losses are hard to set.
View OriginalReply0
ProposalManiac
· 2025-12-20 03:40
Does the Waller interview have to be so important? It feels like now everything is about political power struggles determining the price, and technical analysis has become just a backdrop. The historical lessons are right there—every time there's a change in the central bank chairmanship, it's a power decentralization play. Whoever can understand this governance logic will make money.
View OriginalReply0
NightAirdropper
· 2025-12-20 01:36
Waller, this guy is really the key man, one sentence can shake 3,000 points.
View OriginalReply0
AirdropChaser
· 2025-12-17 13:15
Waller, this guy really knows how to stir things up; one sentence can turn the market into a roller coaster.
View OriginalReply0
MelonField
· 2025-12-17 13:14
That guy Waller really has a big mouth; one word can cause a market crash.
View OriginalReply0
PrivacyMaximalist
· 2025-12-17 13:13
That guy Waller is really a master at acting; he can pump the market no matter what he says. ETH, just wait to be harvested.
View OriginalReply0
GateUser-75ee51e7
· 2025-12-17 13:09
Waller starts off as the ultimate safeguard, feels like this time it's not going to be easy.
View OriginalReply0
HashBrownies
· 2025-12-17 13:08
That guy Waller really can turn the game around with his words. Should we bet and hope for a surge tonight or expect a crash?
View OriginalReply0
quiet_lurker
· 2025-12-17 13:04
Waller, this guy really knows how to choose the timing. Coming through at a critical moment, how much can the market endure?
View OriginalReply0
ChainMemeDealer
· 2025-12-17 13:03
It's another Waller speech and a decisive battle—why is it always so exciting?
#美联储降息 Ethereum 3000 Level: Tonight's Bull-Bear Showdown
The spotlight in the crypto market is fully on Ethereum. Around the $3000 mark, bulls and bears are engaged in a tug-of-war—will it break through strongly and hold above 3000, or be pressured down to around 2800? The answer will be revealed tonight.
From the market data perspective, Federal Reserve Governor Waller will deliver a speech at 21:15 tonight, which is the real market trigger. Notably, Waller is currently competing for the next Fed Chair position and will soon have an interview with Trump—every word and phrase could ignite market sentiment, making this speech highly significant.
From the technical charts, Ethereum remains in a clear consolidation range. Looking at the 1-hour candlestick chart, an interesting pattern emerges: after three previous breakouts of the range, a downward correction followed each time. This repeated pattern suggests that tonight is likely to continue with a sideways to weak trend, as the market awaits the Bollinger Bands to open and confirm the direction.
Trading strategy-wise, tonight's main theme is to short at high levels. If Waller's speech signals a dovish stance, Ethereum might rebound briefly, but it will be difficult to change the overall weak and volatile situation—how US stocks perform after opening will be the real guiding indicator.
In terms of actual trading: aggressive traders can consider trying a small position at the current price, while conservative investors might wait for US stock market opening to observe the reaction and confirm entry points based on market sentiment. This choppy market can indeed be confusing, but as long as you keep an eye on technical signals and fundamental developments, your strategy can stay clear.