#以太坊行情解读 As of around 8 PM on December 20, 2025 (Beijing Time), Ethereum spot price is around 2968 USDT, having surged nearly 5% within a day. From the trend, today is a rebound from the lows, but overall still in a consolidation and correction phase.

**Quick Data Overview**

The intraday fluctuation range is stuck between 2820-2990, currently testing repeatedly within the narrow zone of 2950-2980. There are two technical support levels: the 2800 level is a strong support, and below that is 2750 (61.8% Fibonacci retracement). On the upside, resistance is clear: 3000-3030 is a tough barrier, and further out, 3280 (50-day moving average) also warrants attention.

From a technical perspective, the daily chart still shows a bearish arrangement, with the MACD death cross not yet repaired; however, the hourly RSI has moved out of the oversold zone, indicating short-term recovery signs.

**Market Trends**

Today, a large ETH amount entered staking contracts, which is positive from an ecosystem perspective, but it’s unlikely to change the current consolidation rhythm in the short term. The key is whether it can break through the 3030 hurdle—if it holds steady above that, further upward movement may follow; conversely, if it falls below 2750, the 2500 level might be tested.

**Trading Strategy**

In the short term, the main approach is to focus on shorting at higher levels. Consider reducing positions or opening short positions around 3000-3030, with a stop-loss set above 3050. If it stabilizes around 2800-2850, small long positions can be tried, but stop-loss must be below 2750. Keep total position size under 20%, strictly adhere to stop-loss rules, and avoid chasing rallies or panic selling.