📍#ETH Ding Ding Technical Analysis Report (2025/12/21)

【Core Viewpoint】:3,000 lost again. Bears are assembled. The last line of defense for bulls is crumbling.

Ethereum is currently trading around 2,968, confirming another loss of the psychological 3,000 level. The Daily chart shows a complete bearish alignment, with the overhead resistance zone between 3,150 and 3,177 acting like an iron wall. The 1H timeframe has also declared the end of the bounce, turning "Small Bearish." This means yesterday's rally was just a bull trap. The market is "boiling the frog"—as long as price stays below 3,000, any bounce is an opportunity to escape, not to enter.

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📊 Long-Term Trend: Mid-Bearish (1D)

Market Interpretation:

The Daily close at 2,968.42 is below all key moving averages and strictly suppressed below 3,151.62. This is a classic "bearish relay" pattern. Bulls are powerless to reclaim lost ground, while bears are gearing up. Once the support at 2,909 is pierced, the gates to the 2,437 hell will swing open.

【1D Swing Strategy】

• Key Action: Bounces to the 3,028-3,151 zone are prime shorting spots. Breaking 2,909 is the signal to chase the short.

• Defense/Pivot: 3,177.69 (Hopeless for long-term if below this)

🛑 Short Setup:

• Short on Bounce (Limit Order): 3,028.88 ~ 3,151.62 (Alloc: 60%)

• Short on Breakdown (Chase): Close below 2,909.48

• Take Profit (TP): 2,909.48 / 2,755.46 / 2,437.14

• Stop Loss (SL): 3,316.86

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📊 Mid-Term Trend: Consolidation (4H)

Market Interpretation:

The 4H timeframe is in "Garbage Time," with price oscillating in a narrow band between 2,957 and 2,969. This chopping action is painful. For swing traders, range trading here is high risk; staying on the sidelines is recommended. Watch 2,909 closely—if lost, bears will accelerate control.

【4H Swing Strategy】

• Key Action: Watch more, trade less. Save your bullets.

• Defense/Pivot: 3,178.46

🛑 Watch Zone:

• Range High: 3,178.46

• Range Low: 2,909.48 (Key Watershed)

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📊 Short-Term Trend: Small Bearish (1H)

Market Interpretation:

The short-term trend has weakened, with price dropping below short-term EMAs and the 2,978 resistance. This indicates short-term bulls have surrendered, and sentiment has turned pessimistic. The bounce is weak and could face a sudden drop at any moment.

【1H Intraday Strategy】

• Key Action: Short if bounce fails at resistance; chase if 2,963 breaks.

• Fund Allocation: Limit Orders 60% + Chase Breakdown 40%

🛑 Short Setup:

• Short on Bounce (Limit Order): 2,971.14 ~ 2,978.84

• Short on Breakdown (Chase): Close below 2,963.26

• Take Profit (TP): 2,963.26 / 2,948.60 / 2,933.02

• Stop Loss (SL): 3,465.70 (Recommended to set slightly above 2,978 based on strategy)

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📝 Summary & Advice

• For Holders: Losing 3,000 is no joke. If you are heavy on longs, reduce positions on bounces. Don't let your assets shrink.

• For Non-Holders: Patience is a virtue. Wait for a weak bounce near 3,000 to short, or wait for the breakdown below 2,909 to chase the trend and eat the drop.

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