12.17 Midnight Ethereum Analysis: From the four-hour candlestick chart, Ethereum's MA5, MA20, and MA60 short-term key moving averages indicate a strong bearish signal.

The MACD indicator has formed a 'death cross' at a high level, with the fast line decisively crossing below the zero line, entering the bearish zone, and the green decline momentum bars continue to expand, indicating that the adjustment has not yet ended in the short term.

Ethereum Recommendation: Short in the 2970-3000 range, defend at 3040, look down at the 2900-2840-2780-2700 line $ETH #加密市场观察 #美SEC推动加密创新监管