Detailed analysis of Ethereum market trends and trading suggestions for December 23:

Ethereum surged and then immediately fell back 100 points, indicating a highly volatile market with bulls and bears constantly testing each other. The overall price action during the day was under downward pressure, with Ethereum falling to a low of around 2945. Analyzing the four-hour Ethereum price trend, the price has recently been consolidating around 3000. A long upper shadow appeared on December 22nd, indicating significant selling pressure at higher levels. The closing price on December 23rd was lower than the opening price, forming a bearish candlestick, suggesting a short-term pullback. In the 4-hour MACD, both the DIF and DEA are downward, and the MACD histogram is negative, indicating that bears are in control. The daily MACD is gradually weakening, with a bearish trend. The 4-hour RSI is 45.54, not yet in oversold territory but in a neutral to weak zone; the daily RSI has fallen below 50, indicating weakening momentum. On the 4-hour chart, both the 7-period and 30-period EMAs have crossed downwards, with the price breaking below the 7-period support, indicating significant short-term pressure. On the daily chart, the 120-period EMA remains upward, but the 7-period and 30-period EMAs are trending towards a death cross, indicating overall weakness. Recent trading volume has increased, especially after the surge on December 22nd followed by heavy selling, indicating unstable market sentiment. Trading volume decreased on December 23rd, reflecting increased wait-and-see attitudes from both bulls and bears. Ethereum (ETH) stable profit trading suggestions for 12/23: (Short first, then long) Short: Enter short positions around 2960-2980, with target prices of 2920-2880-2850. Long: Enter long positions around 2850-2870, with target prices of 2900-2940-2980. Hold long positions if the price rises above 3000! These strategies are time-sensitive; implementation will primarily rely on free guidance.