Dear ones, I just took a glance at the 1-hour chart of ETH/USDT perpetual contracts from earlier this morning, dated December 12, 2025, at 01:00. There are some things I must express. It opened at 3173.89, closed at 3180.00, reached a high of 3203, and dipped to a low of 3166.59, ultimately rising by 0.19%. It seems like minor fluctuations, but there are several insights within this. Listen as I break it down in detail.
First, the chart is clear at a glance. The price experienced a significant drop initially, but at the position of 3142.92, it clearly came to a stop and showed signs of stabilization and rebound. Currently, this position is stuck in a narrow range, oscillating between 3166 and 3203, which is less than 40 points—a typical consolidation pattern. Looking at the 7-period moving average MA(7) at 3181.33, it is almost flat and in line with the closing price, while the 30-period moving average MA(30) is still pressing down from a high of 3258.82. What does this indicate? The short-term downward trend has paused, showing signs of flattening, but the long-term pressure line is still hanging overhead, and we cannot say the trend has reversed until it breaks through.
My core view is that the market is currently in a fragile balance. The bulls have found a temporary defense above 3140, trying to organize a counterattack, but the bears, taking advantage of the pressure from the moving averages above, have not let the price rise easily. In such positions, it is often a process of accumulating energy for the next directional choice; either break out of the range with volume to open up upward space or break support after a prolonged period and come back for another drop.
So, what should we do next? As usual, let's discuss it based on the situation.
For those who seek stability, my advice is just one word: wait. Don't get itchy hands watching the price fluctuate. The market's greatest taboo is frequent actions when the direction is unclear. Patiently wait for the price to break through the upper edge of this volatile range at 3203 or the lower edge at 3166.59, and follow the direction once it reveals itself; this way, the win rate will be much higher, even though you may miss out on some small profits.
For those who prefer a more aggressive approach and are willing to use a small position to seize rebound opportunities, pay attention. The current intraday low at 3166.59 and the previous stabilization point near 3142 can be seen as a reference area for a light long position. Remember, it must be a light position, and you must strictly set a stop loss, such as just below 3140. The target can initially be around the upper edge of the range at 3200. This is like taking a risk in the fire; actions must be quick, discipline must be strict, and take profits when it’s good, retreat when it’s not.
Finally, and most importantly, do not chase the price when you see a sudden spike, and do not panic sell when you see a slight drop. In a volatile market, such impulsive actions are the easiest way to lose money. Control your hands, focus on key positions, and let the market tell you the answer.
In summary, the current situation is a standoff between bulls and bears, with the short-term direction undecided. What we need to do is to make a good plan and patiently wait for our own signal to appear. There are always opportunities in the market, but the capital is only one share, let’s encourage each other.
