There was little volatility during the day, but the evening trend saw a pullback to around 2940, which then touched the 4-hour moving average before rebounding. From a trend perspective, a further pullback is possible in the short term. Analyzing the 4-hour Ethereum price trend, the recent candlestick chart shows a downward trend, with the price gradually falling from the high of 3020 on December 19th to the current 2968.51. The presence of long upper shadows (as seen on December 19th) indicates significant selling pressure. In the 4-hour MACD cycle, the DIF and DEA lines have crossed upwards, but the red bars are shortening, indicating weakening momentum. The daily MACD remains below the zero line, suggesting a bearish bias. The 4-hour RSI value is 50.60, in the neutral zone, not yet in overbought or oversold territory; the daily RSI is slightly weak, indicating limited rebound potential. The 4-hour EMAs (7-day, 30-day, and 120-day) are converging, indicating unclear short-term direction; the daily EMA system is bearish, suggesting overall weakness. Daily trading volume has shrunk significantly since December 19th, indicating decreased market activity. On the 4-hour chart, trading volume has fluctuated little, lacking strong momentum. Ethereum trading suggestion for December 21st: Consider entering long positions around 2930-2940, with target prices of 2980-3020-3050. This strategy is time-sensitive; implementation will primarily rely on free guidance.
Detailed analysis of Ethereum trends and trading suggestions for the evening of December 21st:
2025-12-21 23:44:44
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