December 24 ETH Technical Analysis Strategy (As of 13:30, current price approximately 2950 USD)
• Core Judgment: Short-term oscillation leaning bearish, primarily high positions with supplementary low positions; low liquidity during Christmas holiday, strictly control positions and stop-losses.
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December 24 ETH Technical Analysis Strategy (As of 13:30, current price approximately 2950 USD)
• Core Judgment: Short-term oscillation leaning bearish, primarily high positions with supplementary low positions; low liquidity during Christmas holiday, strictly control positions and stop-losses.
Key Price Levels (Multiple Timeframes)
• Support: 2930 (intraday) → 2880 (4H) → 2840-2860 (Weekly strong support) → 2780 (extreme defense)
• Resistance: 2980 (4H midline) → 3010 (Fibonacci) → 3050 (psychological/trend line) → 3120 (Weekly confirmation level)
Indicator Overview
• Daily: RSI 42.8 (neutral leaning weak); MACD green bars slightly shrinking but main line still negative, bearish structure unchanged
• 4H: Moving averages in bearish alignment, price near lower Bollinger Band, weak rebound
• 2H: Short-term oversold recovery in progress, encountering resistance on rebound indicating potential reversal to bearish
Actionable Strategies (Scenario-based)
1. High-Position Strategy (Main Strategy)
◦ Entry: Resistance at 2960-2980 (e.g., top pattern/volume contraction), light position 10%-15% short
◦ Add Position: Rebound to 3010-3030 encountering resistance again, add 10% short
◦ Stop-Loss: Set above 3060 (weekly resistance + holiday volatility buffer)
◦ Take Profit: First target 2880 (reduce 50%), second target 2840-2860 (close position)
2. Low-Position Strategy (Auxiliary, only when support is effective)
◦ Entry: Stabilization at 2840-2860 (e.g., bottom pattern/volume rebound), light position 10% long
◦ Stop-Loss: Below 2810 (if strong support breaks, reverse position)
◦ Take Profit: 2930-2950 (rebound resistance zone, exit in batches)
3. Breakout Response
◦ Break above 3060 and stabilize: retest 3020-3030 for long, stop-loss at 3000, target 3100-3120
◦ Break below 2810: rebound to 2840-2860 for short, stop-loss at 2880, target 2780
Risk Management Rules
• Total position ≤ 30%, single asset ≤ 15%; individual stop-loss ≤ 2% of account
• Due to poor liquidity during Christmas holiday, avoid overnight heavy positions; try to reduce to light or close positions before market close