December 17 ETH Today's Market Strategy Analysis

Resistance Levels: 3030, 3107, 3178

Support Levels: 2870, 2807, 2719

If it does not break below 2870, you can go long, add to positions at 2807, with a stop loss built-in, first take profit at 3030, second take profit at 3107. If it does not break above 3030, you can go short, add to positions at 3107, with a stop loss built-in, first take profit at 2870, second take profit at 2807.

ETH 4-hour chart shows the Bollinger Bands trending downwards, with corresponding prices: 3253, 3403, 3103. The 1-hour chart shows the Bollinger Bands trending horizontally.

The 4-hour chart's short-term moving average MA5 is turning upwards, while MA10 and MA30 are trending downwards. The market is operating above MA5, and the hourly chart shows a short-term moving average crossover, with the market maintaining above the short-term moving averages.

MACD on the 4-hour chart is trending horizontally below the zero axis, with the slow line trending downwards, indicating weakening bearish momentum. On the hourly chart, the dual lines are trending upwards below the zero axis, indicating weakening bullish momentum.

The RSI indicator on the 4-hour chart is in the overbought trading phase, with the buy line flattening out and the sell line trending upwards, with corresponding values of 28, 27. The hourly chart in the oversold trading phase shows both lines trending downwards, with corresponding values of 94, 91. #加密市场观察