#以太坊行情解读 12.23 Ethereum short-term trend analysis: $ETH

The previous surge from 2770 to 3077 seemed strong, but upon closer inspection, there are issues— the high point didn’t hold. After reaching just over 3070, it started to reverse, and the key point is that each rebound during the downward movement is lower than the previous one, indicating that the buying power is clearly insufficient. It now resembles a consolidation period after selling at a high, with the price hovering around 2968, which isn't particularly strong.

There are just a few key ranges on the technical side: the level of 3000–3020 has been tested multiple times without breaking, which is considered the first resistance level; further up, 3040–3070 is the real tough nut to crack, serving as the defense line after the market weakens. If it doesn't manage to regain this level, the rebound is unlikely to show any improvement. The support below looks at 2950, and if it continues to drop, we need to pay attention to the area around 2900–2880.

Trading perspective: Consider shorting around 3000–3020, with the first target aimed at 2950–2900. If it breaks below this, then target 2850.
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