#以太坊行情解读 December 24, Ethereum Technical Outlook | Short-term Trading Strategy

Yesterday's short positions played out as expected, but from the chart, ETH has indeed been relatively weak recently. This week coincides with the Christmas holiday, and market activity will significantly decrease, with large funds generally on vacation. During such times, the market usually remains calm. If you want to trade, you can take a small position to seize short-term opportunities; otherwise, take a week off and wait for the market to restart after the holiday. Once Christmas passes, the entire market should become much clearer. Wishing all traders a safe holiday in advance!

**Technical Breakdown of this wave of movement:**

Looking at the 4-hour K-line, the past week has shown a oscillating downward trend, starting from December 22, there have been no bullish candles, and each rebound high has been moving lower, indicating clear resistance. On the daily chart, many long upper shadows can be seen (especially on December 23), indicating heavy selling pressure above and that buyers are unable to absorb it.

Regarding the MACD indicator, both DIF and DEA are below the zero line, indicating that bearish momentum is still strengthening. However, the histogram has recently shown signs of contraction, suggesting a short-term potential for a rebound. The RSI is currently at 42.72, in the weak zone, not yet below the oversold threshold of 30, indicating that the bears still have room to run.

The EMA moving average system is in a standard bearish arrangement—EMA7, EMA30, and EMA120 are all trending downward, with the 7-day EMA already breaking below the 30-day EMA, showing significant short-term pressure. The price is currently below all moving averages, indicating that the current trend is bearish.

Volume is quite interesting: the volume on December 24 has clearly decreased compared to previous days, reflecting cautious sentiment in the market. However, on December 23, there was a volume spike during the decline, indicating that the bears controlled the market earlier, with funds flowing out.

**Trading Suggestions (for reference only):**

Consider entering a small short position in ETH around the 2930-2940 range, with targets gradually moving towards 2900, 2870, and finally testing the psychological level of 2850.

Strategy is time-sensitive; specific execution should follow real-time guidance. $ETH $BTC