**Time Range**: 2025-12-10 18:00:00 ~ 2025-12-12 05:00:00
**Data Nature**: Real-time Candlesticks
## Candlestick Pattern Deep Analysis
1. **Sharp bearish engulfing pattern around $3,445 on 12-10 evening** - Strong reversal signal after uptrend - Very strong bearish signal
2. **Consecutive red candles forming after peak price** - Confirmation of downtrend momentum - Strong bearish signal
3. **Consolidation pattern around $3,180-$3,200 on 12-11 morning** - Sideways movement showing temporary equilibrium - Neutral signal
4. **Hammer candlestick formation near $3,144 on 12-11 afternoon** - Bullish reversal signal at support - Strong bullish signal
5. **Bullish engulfing pattern at $3,170 area on 12-11 evening** - Reversal confirmation - Strong bullish signal
6. **Latest green candles showing increasing momentum with higher highs and higher lows** - Trend reversal confirmation - Strong bullish signal
## Technical Indicator Analysis
1. **EMA Analysis**:
- EMA10 (3,207.85) has crossed above EMA20 (3,202.62) - Short-term bullish signal
- Price currently above EMA10 and EMA20 - Bullish momentum
- EMA99 (3,231.92) still above other EMAs - Long-term resistance level
- Death cross formed during the sharp decline - Bearish signal that's now potentially reversing
2. **Moving Average Alignment**:
- Current price ($3,247.93) has broken above all short-term EMAs - Strong bullish signal
- EMA5 (3,219.52) crossed above EMA10 - Recent bullish momentum confirmation
## Support and Resistance Levels
**Support Levels**:
- Strong support at $3,140-$3,150 (confirmed by recent bounce)
- Secondary support at $3,180-$3,200 (consolidation zone)
**Resistance Levels**:
- Immediate resistance at $3,250-$3,270 (current price testing this level)
- Major resistance at $3,350-$3,370
- Strong resistance at $3,440-$3,450 (previous peak before decline)
## Comprehensive Technical Evaluation
**Volume Analysis**:
- Significant volume spike during the initial bearish movement
- Notable volume increase during the recent bullish reversal
- Current upward movement supported by moderate but increasing volume
**Trend Direction**:
- Short-term trend: Bullish reversal in progress
- Medium-term trend: Recovering from bearish movement
- Overall market structure: V-shaped recovery pattern forming
## Conclusion
ETH-USDT has experienced a significant V-shaped recovery after a sharp decline from $3,445 to $3,144. The recent price action shows strong bullish momentum with the price breaking above key EMAs. The hammer formation at the bottom and subsequent bullish engulfing pattern signaled a trend reversal, which has been confirmed by increasing volume and EMA crossovers.
**Operational Suggestions**:
- Consider buying on small pullbacks as the short-term momentum appears bullish
- Set stop-losses below the $3,140 support level to manage risk
- Watch for resistance at $3,350-$3,370 where profit-taking may occur
**Risk Warning**:
- The overall market remains volatile
- The recovery is still in early stages and could face rejection at higher resistance levels
- Monitor broader market conditions as they could impact ETH's recovery momentum
Trade on Binance for optimal execution and advanced charting tools to track this developing recovery.
