Ethereum Trend Analysis and Trading Strategy (December 11th):

With the 25 basis point interest rate cut now in effect, Bitcoin experienced a textbook example of "buy the rumor, sell the news" as prices surged and then plummeted without hesitation. Analyzing the four-hour Ethereum price trend, the price saw a rapid rise after December 9th, reaching a high of 3446.73, but subsequently fell back and is currently in a downward consolidation phase. The daily candlestick shows a long upper shadow, indicating heavy selling pressure and potential for further short-term correction. MACD: On the 4-hour chart, both the DIF and DEA lines are diverging downwards, and the MACD histogram is negative, indicating that bears are in control; however, there is still some bullish momentum on the daily chart. The RSI14 is currently hovering around 49, not yet in overbought or oversold territory, indicating a neutral market sentiment. The current price is below the EMA7 (3248.72), and while the EMA30 (3194.41) and EMA120 (3111.55) are in a bullish alignment, the short-term trend is weakening. On December 10th, trading volume surged to 1,164,480, followed by a pullback, indicating significant selling pressure at higher levels. Currently, trading volume is gradually shrinking, reflecting a strong wait-and-see attitude in the market. Ethereum (ETH) trading advice for December 11th: Consider entering long positions around 3160-3180, with target prices of 3230-3260-3290. If the upward trend continues and breaks through 3300, continue holding long positions! Market conditions change rapidly; this article is for informational purposes only, and real-time strategy guidance is available free of charge!