【#ETH走势分析 】

K-line pattern:

On the daily level, a long bullish line (2808→3020) appeared on December 19, accompanied by huge trading volume, but the subsequent upward momentum could not be sustained.

The current price is suppressed below the key level of 3000, with 3013 forming a short-term top structure.

The 4-hour chart shows a range fluctuation between 2970-3015, with 2944 forming key support for the day.

Technical indicators:

MACD on the daily is in a continuous negative zone, with the fast and slow lines adhering below the zero axis, indicating that the medium-term bearish pattern has not changed.

RSI on the 14-day line is hovering weakly around 45, with 1-hour RSI testing the 50 level multiple times, all failing.

EMA7 has crossed below EMA30/120, showing a bearish arrangement, and all daily EMAs are above the current price, forming a pressure zone (3073/3437).

Trading volume:

After the explosive surge on December 19 with a volume of 530,000 ETH, it has continuously shrunk to a level of 100,000 ETH.

The recent rebound peak at 3013 corresponds to a significant decrease in volume, with insufficient willingness for capital follow-up.

The defensive trading volume at the key position of 2944 has increased to 23,314 ETH, indicating bullish resistance.

【Range space points】

Buy point one: 2940 (daily low support at 2944, EMA120 on the hourly level provides secondary support at 2965)

Buy point two: 2900 (support at the key level + trend line position extending from the swing low on December 18 at 2775)

Long stop-loss point: 2880 (a drop below the previous low of 2775-2944 ascending trend line by 1% confirms the breakout)

Sell point one: 3000 (psychological key level + short-term top structure at 3013 on the 4-hour chart)

Sell point two: 3030 (3% buffer space below daily EMA7 resistance at 3073)

Short stop-loss point: 3050 (after breaking 3030, it needs to stay above the December 17 high of 3030.92 to confirm the trend reversal.)