The Ethereum trend is in sync with Bitcoin, with a minimum price touching $2900 before rising to $3150. On December 8, it consolidated in the $3050 - $3110 range, reaching a 24-hour high of $3132.62, with a 24-hour increase of 2.25%. The $3000 level has become the core position of the bulls and bears.
Technical analysis: The 24-hour trading volume reached $1.699 billion, with a moderate increase in volume. If it stabilizes above $3100, it is expected to continue the rebound trend. Short-term resistance levels are $3170 and $3230, while support levels are $3050 and $3000, with $3000 being an important psychological level. As long as it maintains above this position, the short-term technical structure leans towards bullish. However, the current price shows divergence with short-term technical indicators like MACD and RSI, indicating there are still internal differences in the market, and the foundation for the rise needs to be further solidified through fluctuations.
Trading suggestion: In the short term, focus on the stability of $3100. After confirming an effective breakout, one can follow in with a small position, targeting $3170 - $3230. If there is a pullback, one can try to go long in the $3000 - $3050 range; if the price breaks below the key support of $3000, one can take a light short position, targeting $2900. A short-term strategy can also be referenced, going light short as it rises to $3185 - $3240, targeting below $3100.

