The crypto market is simply more thrilling than a roller coaster ride, especially our 'big brother' ETH, which couldn't withstand the pressure today and quietly weakened amidst a wave of selling. Don't just stare at the K-line and sigh; as an analyst with five years of experience, I dare say this is the key moment to see the trend clearly—Is this downward movement a 'cutting韭菜' trap, or a golden window for bottom-fishing? After reading this analysis full of valuable insights, you'll definitely have a clear idea!
First, let me give you today's price snapshot, no nonsense! As of December 18, 2025, ETH has been 'treading water' in the $2800-$2900 range, and behind the seemingly calm surface, there are all sorts of undercurrents. To be honest, this range is the 'line of life and death' for the current market: on one hand, investors who were previously trapped are gritting their teeth and selling at this price level, while on the other hand, bottom-fishing funds looking for long-term value are eager to jump in, and the two sides are in direct competition. If this range is broken, we may have to explore new lows in the short term; but as long as it can hold, who knows, we might see a decent rebound.
Next, let's focus on the technical indicators that everyone is most concerned about. This part is all solid information, so I recommend saving it and reading slowly! First, let's look at the familiar 'old friend' RSI (14 days) in the momentum indicators, which is currently around 32-34, firmly in the bearish zone, and just a step away from the oversold line. From my experience, once the RSI approaches the oversold range, as long as there is a small amount of buying pressure, it could trigger a short-term rebound—but don't get too excited too early; this is just a 'possibility', not a 'certainty'. Next, regarding the MACD indicator, it is still 'floundering' below the signal line, in the negative range, which indicates that the bearish momentum has not yet fully released, making a complete reversal in the short term quite difficult.
As for those short-term oscillators, like the stochastic indicator, they are currently in a completely 'ambiguous' state, sometimes giving rebound signals and other times suggesting continued downward movement, which is a typical characteristic of low-level oscillation. During such times, it is a test of one's mindset; definitely do not be misled by these chaotic signals. Now, let's talk about the moving averages, which are the 'ballast' for judging medium to long-term trends: whether it's short-term moving averages like MA5 or MA10, or medium-term moving averages like MA50 or MA100, they are all currently trending downward, solidifying the bearish tone in the short term. More importantly, the MA200 long-term moving average is also slowly moving down, indicating that the medium-term trend has not yet reached a turning point; be cautious when bottom-fishing and don't mistake a 'rebound' for a 'reversal'.
Finally, I have compiled today's classic pivot levels for you. New friends can refer to this for operation: the core pivot is around $2880, with two main support points below, namely $2845 and $2800—especially $2800, which is a key support level recently; once it breaks, a new round of selling may follow. There are three resistance levels above, namely $2900, $2940, and $2980, with $2900 being the upper edge of the current range, and whether it can break through directly determines the short-term trend. In my personal judgment, today's trading range will be relatively narrow, likely oscillating between $2800 and $2900. For those looking to trade short-term, I suggest not chasing highs and cutting losses; patiently wait for clear signals before acting.
At this point, I am sure some friends will ask: 'So can we buy now?' My answer is: Don't panic! This is not the time for blind entry; the safest approach is to watch the key support level of $2800. As long as it does not break, and combined with whether the RSI shows an oversold rebound signal, judging by both is more reliable. If it does break, don't panic and cut losses; it's better to observe first and wait until the trend becomes clear before taking action.
As an analyst who has been with you through bull and bear markets, I watch the latest developments in the market every day. Once a key signal appears, I will definitely notify everyone in the comments section at the first opportunity! If you find this analysis useful, follow me @链上标哥 , so you won't get lost! Following me will not only allow you to get the latest market analysis but also learn many practical trading skills to avoid pitfalls.
