For tonight's Ethereum $ETH transaction, there is a divergence of market bullish and bearish views, with no overwhelming single direction.

Multiple Perspectives and Strategies

· Core Logic: If the technical aspect breaks through key resistance, it may open up upward space; a large number of options expiring could push the price towards a specific level.
· Key Signals/Levels: A valid breakout and stabilization above the resistance zone of $3050-3115; significant support below at $2950-2980.
· Potential Opportunities:
· Bullish breakout: If the price strongly breaks through $3115, it may open up upward space, with the next target looking at $3200 or higher.
· Support level for buying: If the price retraces to the support area of 2950-2980 USD and shows signs of stabilization, consider short-term rebound opportunities.
· Risk Warning: If there is a false breakout or it cannot hold above 3050 USD, a quick reversal may occur.

Bearish view and strategy

· Core Logic: Technical rebound is weak, which may form a bearish pattern; institutions are cautious about the short-term outlook, indicating downside risks.
· Key signals/positions: Encountered resistance and fell back in the 3040-3070 USD suppression zone; effectively broke below the 2950 USD key support.
· Potential Opportunity:
· Resistance level short: The price stagnates in the $3040-3070 area and shows a bearish candlestick pattern (such as a evening star), short positions can be considered.
· Short selling on a break: If the price breaks below $2950 with increased volume, it may accelerate the decline to the $2850-2880 area.
· Risk Warning: If the price strongly breaks through the resistance zone, short positions should be wary of being short-squeezed.

💡 Key points to focus on in the current market

In addition to long and short strategies, the following points are crucial for understanding the current market:

1. Key technical range: Currently, ETH is oscillating widely between $2950 and $3115. The $3050-$3115 range is a strong resistance zone, while the $2950-$2980 range is a strong support zone. The gains and losses in these two areas will be crucial for determining the short-term direction.
2. Options Expiry Impact: Tonight, $3.8 billion worth of ETH options will expire, with a theoretical "max pain" price of $3100. This price may attract market prices towards it like a magnet before and after expiry, making it worth close attention.
3. An important divergence signal: Tom Lee, an analyst from the well-known institution Fundstrat, is extremely bullish on Ethereum in public, but his company's internal report is very cautious about the first half of 2026, even suggesting that ETH could drop to 1800-2000 USD. This huge contrast of "publicly bullish, internally bearish" serves as a strong risk warning signal. #美股圣诞行情开启 #ETH走势分析