Ethereum rebounded again today after touching the 2890 level. Looking at the four-hour chart, this is the fourth time it has touched this level. Current trading should focus on the 2890 level; a break below 2890 would likely lead to further retracement. Analyzing the four-hour Ethereum price trend, the price has been oscillating between 2900 and 3000 recently, showing a weak consolidation pattern. On the daily chart, December 23rd and 24th saw consecutive bearish closes with long upper shadows, indicating significant selling pressure. In the 4-hour MACD cycle, both the DIF and DEA are below the zero line, showing signs of a short-term golden cross, but the strength is limited; the daily MACD remains in a death cross state, indicating that bears are in control. The 4-hour RSI value is 42.83, approaching oversold territory, suggesting a possible rebound; the daily RSI is weak, with no obvious divergence signal. The current price is below the EMA7 (2939.94), and the EMA30 (2953.09) and EMA120 (3005.28) are in a bearish alignment, indicating a bearish trend. Trading volume has been gradually shrinking over the past four hours, indicating a strong wait-and-see attitude in the market. Daily trading volume has been declining since the surge on December 19th, suggesting weakening momentum. Ethereum trading suggestion for December 26th: Consider shorting Ethereum around 2900-2910, with a target price of 2860-2820. This strategy is time-sensitive; implementation will primarily rely on free guidance.
Detailed analysis of Ethereum trends and operational suggestions for December 26th:
2025-12-26 16:15:39
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