Yangruikee

Ethereum latest updates + support resistance level sharing!!! #ETH $ETH
🚨 Key market confirmation: The 3000 level has been regained, and the bulls' "fake drop" is successful.
Latest situation: Congratulations! If you referred to the analysis from last night (early on the 22nd), the "liquidity hunt" we defined in the 2950-2980 range has been perfectly validated. After breaking through the 3000 level and undergoing a washout, ETH quickly reversed in a V-shape and is now firmly above 3040.
Pattern Qualification: This is a standard "Bear Trap". The main force lured shorts by breaking below 3000, then quickly surged. The current 3046 indicates that the previous breakdown was a false move, and market sentiment has shifted from extreme panic to a restorative bullish outlook.
Current resistance: Although it has regained lost ground, the area of 3060 - 3080 above is a short-term moving average resistance and a previous high-volume trading area. The bulls need to further increase volume to break through here to open the way to 3150.

Bitcoin (BTC) price has recently stabilized around $92,200, with selling pressure easing, but market demand remains weak. According to SoSoValue data, US ETF capital flows have stabilized for the first time in weeks, with an inflow of $56.5 million on December 9, while weekly redemptions in November had exceeded $1.1 billion. Glassnode analysis shows that the market recovery is limited, with the spot CVD indicator still deeply negative, derivatives positions leaning defensive, and on-chain transaction activity near the lower end of the range. Short-term holders are dominating the market, making the price highly sensitive to volatility.
Technical indicators suggest that Bitcoin’s price structure remains weak. The 14-day Relative Strength Index (RSI) has retreated to the mid-range, reflecting a correction from last week’s highs. Futures open interest has declined, volatility spreads have sharply contracted, and option skew indicates traders are more focused on downside protection rather than betting on upward gains. The number of active on-chain addresses is near the cycle low, with actual market cap growth at only 0.7%, indicating limited capital inflow and a fragile supply structure. Overall, the recent rebound is mainly due to seller exhaustion rather than strong buying support.