【$ETH Price Trend Analysis】4-hour Level K-line Pattern:

Recently, the K-line shows that the price is oscillating at a high level, with certain upper and lower shadows, indicating fierce competition between bulls and bears in the market.

The recent K-lines exhibit longer lower shadows, suggesting there is supporting strength below.

Technical Indicators:

MACD: In the 4-hour cycle, the MACD histogram has turned positive from negative, and the DIF and DEA are gradually converging, indicating a trend towards a golden cross, with a potential rebound in the short term.

RSI: The RSI value is near 50, not entering the overbought or oversold zone, indicating the current market is in a balanced state, but slightly biased towards the bulls.

EMA: The price is currently near EMA20; if it breaks through, it may further rise; EMA60 and EMA120 are still at higher positions, and the long-term trend has not reversed yet.

Trading Volume:

During the period from 16:00 to 20:00 on December 23, the trading volume significantly increased, accompanied by a price rise, indicating positive capital inflow.

Subsequently, the trading volume has decreased, indicating that market sentiment is becoming more cautious, and in the short term, it is in a sideways oscillation phase. Attention should be paid to subsequent changes in trading volume to determine the direction.

【Short-term Buy and Sell Points】

Buy Point 1: 3300 USDT (close to the previous low, there is support, and also near EMA7)

Buy Point 2: 3250 USDT (further probing into a stronger support area, historically dense trading zone)

Long Position Stop Loss: 3225 USDT (if it falls below Buy Point 2, it may continue to weaken, set below the round number)

Sell Point 1: 3450 USDT (close to the recent high, there is selling pressure, and also a round number)

Sell Point 2: 3500 USDT (psychological pressure point after breaking the previous high, a key position for market sentiment change)

Short Position Stop Loss: 3525 USDT (if it breaks above Sell Point 2, it may accelerate upward, set above the round number)