Ethereum's price movement has been volatile, causing headaches for many in recent days. A slight miscalculation can turn profits into losses. While Ethereum has seen several rebounds, the overall downtrend remains unchanged. Analyzing the 4-hour Ethereum price chart, the recent price rebound from the December 18th low of 2828.57 to 2975.57 formed a strong bullish candle, indicating increasing bullish momentum. After a sharp drop on December 17th, two consecutive days of long lower shadows suggest strong support below. In the 4-hour MACD cycle, the DIF and DEA are gradually recovering but remain below the zero line, indicating a short-term need for correction. On the daily chart, the MACD histogram is shortening, suggesting accumulating bullish momentum. The 4-hour RSI is 53.12, having moved out of the oversold zone and into a neutral-to-strong area; the daily RSI has also rebounded from its lows, trending upwards. The current price has stabilized above the EMA7 (2924.78) and broken through the EMA30 (2951.11); the EMA120 (3048.14) remains a significant resistance level. Trading volume increased significantly on December 19th, especially during the price rise, indicating substantial capital inflow. Looking at the daily chart, the surge in trading volume during the previous days' sharp drop, followed by a decrease in volume during the subsequent rebound, warrants attention to its sustainability. Ethereum trading suggestion for December 19th: Short positions are recommended around 2980-3000, with target levels of 2930-2900-2870. This strategy is time-sensitive; implementation will primarily rely on free guidance.
Detailed analysis of Ethereum trends and operational suggestions for November 19th:
2025-12-19 15:16:56
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