Ethereum 12.19 09:13 On December 19th review: Yesterday, Ethereum oscillated within a consolidation platform, rising rapidly to 2980 after adjusting to 2822. Then, after a brief consolidation, it sharply broke below the platform to 2772, moving into the current oscillation range of 2779-2840. Overall, there are signs of upward oscillation. Technical analysis on the hourly chart shows the Bollinger Bands' upper band rising, the middle and lower bands flat, with corresponding prices: 2963-2856-2749. Currently, the short- and medium-term moving averages show MA5 trending upward, M10 trending downward, and M30 trending upward. Trading volume has decreased. The MACD indicator is currently below the zero line, with the fast line flattening and the slow line trending downward, indicating weakening bearish momentum. The RSI on the hourly chart is in the normal zone, showing a crossing and flattening pattern.

From the 4-hour chart, the Bollinger Bands' upper, middle, and lower bands are all trending downward, with corresponding prices: 3019-2896-2774. Currently, the short- and medium-term moving averages MA5, M10, and M30 are all trending downward. Trading volume has decreased. The MACD indicator is below the zero line, with the double lines crossing and flattening, indicating decreasing bearish momentum. The RSI on the 4-hour chart is in the normal zone, with both lines trending downward.
Conclusion: Short-term range consolidation leans towards an upward trend. Range: 2772-2840.
Low buy strategy: During a decline, if it does not break below 2772, establish long positions. If it breaks below, establish at 2718, with a stop loss at 2620.
First take profit: 2850
Second take profit: 2896
High sell strategy: If it moves upward but does not break above and stabilizes at 2896, establish short positions, add at 2957, with a stop loss at 3030.
First take profit: 2848
Second take profit: 2778