$ETH

ETH Price Analysis: Range Fluctuation and Rebound Opportunities!

Brothers, ETH's recent trend feels a bit like a 'roller coaster'! On December 16, it broke through the resistance level of $4093, but quickly attracted buyers to take profits, leading to a price decline.

On December 18, ETH fell below the key 20-day moving average ($3760), and on December 20, it plummeted to $3101. However, the bulls did not give up, quickly entering at dips, attempting to pull the price back above the downward trend line. If they successfully break through, this currency pair is expected to rebound to the 20-day moving average, which will become the key resistance point to focus on next.

From a broader perspective, after experiencing this significant decline, ETH may enter a fluctuation mode in the short term, with prices likely consolidating repeatedly in the range of $3030 to $4093.

At this current stage, it's more suitable to patiently wait for key points within the fluctuation range; do not rush to enter, staying steady is the key! Brothers, ETH's future trend will be exciting, but controlling the pace is essential for opportunities to belong to you!