As of December 18th 11:20 (UTC+8), ETH is currently around 2820, with a daily bearish dominance. The 4-hour chart shows oversold conditions with a rebound demand, overall showing weak volatility.

Key Multi-Period Levels

• Daily: Support 2780/2700; Resistance 2900/3000-3050 (Strong Resistance)

• 4-Hour: Support 2825/2780; Resistance 2950-2956/3000

• 2-Hour: Support 2800; Resistance 2880-2900, Bollinger Bands narrowing, high probability of range-bound oscillation

Technical Overview

• Daily: MACD death cross, KDJ downward, Bollinger Bands moving down, bearish continuation

• 4-Hour: RSI oversold, MACD bottom divergence with decreasing volume, weak rebound potential

• 2-Hour: Volume shrinking, waiting for breakout direction, key to BTC movement

Actionable Trading Strategies (with stop-loss)

1. Rebound Short: Short at 2950-2970, stop-loss at 3000, target 2890-2850, if broken look at 2800-2780

2. Pullback Long: Light long at 2780-2800, stop-loss at 2750, target 2880-2900, if broken look at 2950

3. Breakout Strategy: Volume breakout above 2950, retest 2920 to go long, stop-loss at 2880; volume breakout below 2780, rebound at 2800 to go short, stop-loss at 2830