Ethereum 12.20 14:28 Technical Analysis: From the 4-hour chart, the Bollinger Bands' upper band is rising, the middle band is ascending, and the lower band is descending. Corresponding prices: 3041-2909-2777. Currently, the short- and medium-term moving averages MA5 and M10 are rising, while M30 is falling. Trading volume is decreasing. The MACD indicator is currently below the zero line with double lines moving upward, indicating increasing bullish momentum. The RSI indicator on the 4-hour chart is in the oversold area with a converging and flattening crossover.

From the hourly chart, the Bollinger Bands' upper, middle, and lower bands are all rising, with corresponding prices: 2999-2973-2747. Currently, MA5 is rising, M10 is falling, and M30 is rising. Trading volume is decreasing. The MACD indicator is above the zero line with double lines moving downward, indicating decreasing bearish momentum. The RSI indicator on the hourly chart is in the normal zone with double lines moving downward.
Conclusion: Short-term range consolidation leaning towards an upward correction. Range: 2820-2846.
Bullish strategy: During dips, as long as it does not break below 2800, establish long positions. If it breaks below, establish at 2753, with a stop loss at 2620.
First take profit: 2843
Second take profit: 2892
Bearish strategy: If it moves upward but does not break and stabilize above 2951, establish short positions, add at 3000, with a stop loss at 3057.
First take profit: 2888
Second take profit: 2935$ETH