I am Qi He, your companion in the crypto world. I just took a look at the market, and my heart skipped a beat. In the 4-hour chart of ETH, the MACD double line has already dropped below the 0 axis, and the trend clearly spells out two words: decline.
Many brothers come to ask me: “Qi He, with the market falling like this, can we expect a rebound to 3100 tonight, or will it just hit the gas straight to 2980, or even 2880?” Don't rush, let's break it down and discuss it thoroughly.
News: U.S. stocks are soaring, what about the crypto market?
Last night, U.S. stocks closed early for Christmas, and all three major indexes were in the green, with the S&P even reaching a new high. According to traditional logic, a high risk appetite in the market is a slight tailwind for cryptocurrencies. But if you look at crypto concept stocks, some are up, some are down, and it's not uniform. This indicates a divergence in capital's outlook for the market. Can this wind move the mountain that is ETH? Hard to say. Large funds may still be waiting for clearer signals.
Look at the technicals: the bears have already drawn their knives.
It's clear on the chart that the rebound pressure is at 3100, that's the first ghost gate. Below? 2980 is a key level, if it breaks here, emotions may crash directly, heading straight for the 2880 support. The MACD is below the zero axis, indicating that the bearish momentum is being released, but the volume does not keep up, suggesting that both the sellers and buyers are waiting and observing. The tug-of-war between bulls and bears has reached a critical moment, just a fuse away.
What should players do now?
Brothers with heavy positions: If your cost is high, don't easily add positions to average down at this level. Be patient, wait for either a rebound to reduce positions near resistance or wait for a drop to key support levels, and consider after it stabilizes. Surviving is the priority.
Brothers with no positions or light positions: This is your opportunity, but don't rush. I'll teach you a method: set limit orders in ambush. Place small buy orders in batches near 2980 and 2880. Don't reach out until the point is hit, and when it is, take a little to catch a rebound.
Personal opinion from Qi He:
I judge that the probability of a direct violent surge breaking through 3100 tonight is very low. The greater possibility is that the market will continue to test downwards, with 2980 being crucial. If it holds, it may oscillate here to build strength; if it can't hold, then 2880 may really need to be tested.
Of course, the market always has surprises. If a major good news suddenly appears, or if a big whale accumulates a large amount, the market could also be forced to turn around. But as ordinary players, we cannot pin our hopes on 'unexpected' events.
If you don't want to be in the dark during such a critical market situation, and if you want to learn how to analyze calmly instead of being swayed by hearsay, pay attention to Qi He. I can't guarantee 100% accuracy, but I promise to give you the clearest analysis and the most practical strategies.
Tonight, let's watch the market together. The bigger the storm, the calmer we need to be. Come to Qi He, and you are no longer fighting alone.
Follow Qi He, lead you through the bull and bear markets, hold onto your chips, and wait for the wind. I am Qi He from the crypto circle, give me a follow, and I'll teach you how to seize this wave of market opportunities! If you don't know how to time the market, Qi He will analyze it in real-time in the village, providing the best entry points.#ETH走势分析 #加密市场观察 $ETH
