December 25, 2025 ETH Technical Analysis (09:40, UTC+8)

• Current Price: around 2,935. Low liquidity during Christmas holiday, narrow fluctuations throughout the day, cautious bulls and bears

• Core Judgment: Daily chart leans bearish, 4H/2H range trading; before volume breakout, focus on range high and low buying, strictly control position size and stop-loss

🎯 Key Price Levels (USD)

• Support: 2,910 (intraday strong support) → 2,880 (bull-bear lifeline) → 2,850 (accelerated breakdown)

• Resistance: 2,960 (intraday strong resistance) → 2,980 → 3,000 (psychological + technical strong pressure) → 3,050 (trend watershed)

📊 Multi-timeframe Indicators

• Daily: 20/50 moving averages in a bearish alignment, MACD in negative zone, RSI≈43 with no obvious divergence, bears favored

• 4H: Bollinger Bands narrowing, price oscillating near middle band; KDJ flat at low levels, low volume, mainly oscillation signals

• 2H: Short-term moving averages intertwined, MACD repeatedly near zero line, no clear direction, suitable for quick short-term trades

⚙️ Trading Strategies (Executable)

1. Range Trading: buy lightly at 2,910-2,920, stop-loss at 2,890, target 2,950-2,960; sell lightly at 2,960-2,970, stop-loss at 2,990, target 2,920-2,930

2. Breakout Strategy: volume confirmation to hold above 2,990, retest 2,970 for long entries, stop-loss at 2,950, target 3,000; if breaks below 2,890, rebound to 2,910 for short entries, stop-loss at 2,930, target 2,880

3. Risk Management: Low liquidity during Christmas, position size ≤30%, single trade stop-loss ≤2%; avoid overnight heavy positions before clear breakout

⚠️ Risk Reminder

• Liquidity drought may cause price spikes, avoid market orders; watch for options settlement this Friday, which may trigger increased volatility

• If 2,880 is broken, rapid decline to 2,850 possible; if volume breaks through 3,000, space opens up to 3,050