As of December 27, 2025, 10:00 (UTC+8), ETH is quoted at approximately $2,975, trading within a weak oscillation range of $2,920-$3,020, with a short-term bias to the downside and a lack of volume support from bulls.

Core Viewpoints

• Trend: The 4H downtrend channel remains unbroken, with price under pressure below the 20/50 moving averages; 4H ADX<25 indicates no strong trend, with -DI slightly stronger than +DI.

• Pattern: A bearish Head and Shoulders pattern is forming on the 4H chart, with the neckline around $2,970. Losing this level could accelerate the decline.

• Sentiment: Fear and Greed Index at 23 (Extreme Fear), low liquidity during the holiday, and limited volatility.

Key Price Levels (USD)

• Support: 2,960 (4H neckline) → 2,920 (consolidation zone) → 2,880 (strong support) → 2,840 (secondary support)

• Resistance: 3,000 (psychological level) → 3,030 (previous oscillation upper boundary) → 3,060-3,080 (moving average and cloud resistance)

Indicator Overview

• Moving Averages: Price below 20/50-day moving averages, short-term bearish; weekly trend remains weak in the medium term.

• MACD (4H): Histogram slightly turning negative, fast line below zero, selling pressure persists, rebound momentum insufficient.

• RSI (4H): 40-45, neutral to slightly low, no overbought or oversold signals, reversal signals unclear.

• Volume: Weekend trading is light; a breakout above 3,000 or a drop below 2,960 could open new space.

Trading Strategies (Actionable)

• Short-term Short: Short at 2,990-3,000, stop loss at 3,040, take profit at 2,950 (neckline).

• Short-term Long: Rebound to 2,950 for initial position, add on dips to 2,920, average below 2,940, stop loss at 2,900, take profit at 2,980.

• Position Management: Limited volatility over the weekend, trade in small batches, no single position exceeding 10% of total funds, strict stop-loss.

Trend Trigger Conditions

• Upward Breakout: Hold above 3,000 with volume increase, target 3,030 → 3,080.

• Downward Breakdown: Lose 2,920, target 2,880 → 2,840.