Ding Dong

Analysis and suggestions on Ethereum market fluctuations on December 31:

- Technical indicators: According to the information on Bijie.com at 14:00 on December 31, the market of Ethereum against the Japanese yen showed a 24-hour fluctuation of 3.91%. The K-line in the last 4 hours showed that the price rose slightly compared with 12:00 on December 30, fell slightly compared with 16:00, rebounded compared with 20:00 on December 29, and fell compared with 4:00 on December 30. The last K-line was a negative line, and the closing price was less than the opening price.
The MACD histogram changed from positive to negative, indicating that the air force was exerting force, but the KDJ indicator had no golden cross or dead cross, and was neutral.

- Market trend factors: In the long run, there are views that Ethereum will have many positive factors in 2025, such as the Pectra upgrade will change the way the Ethereum security layer operates, reduce staking costs, and increase network speed; the regulatory environment may improve due to the new US government policy, which is conducive to the development of DeFi and other projects on Ethereum; and Ethereum is at the center of the three major crypto industry trends of stablecoins, tokenization, and AI intelligence, and has the potential to explode.

Investment advice

- Short-term operation: Given that the current market has a certain downward trend but the trend is not obvious, you can try to go long with a light position near the support level of 3316, set the stop loss below 3300, and take profit can first look at the 3405-3436 area. If the price encounters resistance and falls back near the resistance level of 3436, you can also try to go short with a light position, and set the stop loss above 3450.
- Long-term layout: You can pay attention to the upgrade progress and regulatory policy changes of Ethereum in 2025. If the upgrade goes smoothly and the regulatory environment improves, you can consider gradually increasing your position during the callback and making long-term investments, but you need to pay attention to risk control and not over-invest.

However, in China, virtual currency transactions are not protected by law, and there may be risks such as market manipulation and changes in regulatory policies, so investment decisions need to be made with caution.