12.20 $ETH Market Analysis

From the 4-hour K-line, after the price dropped to 2772, it quickly rebounded. Both sides of the duel are very closely matched, but now the bulls have already recovered the previous decline. The technical indicators show some contradictions: the MACD green bars are still lengthening, indicating that the bearish momentum has not fully faded; however, although the KDJ has entered the overbought zone, it still maintains strong momentum.

For trading suggestions, aim for 2900—2950
Target towards 3100—3150
$ETH