Analysis of Ethereum market on December 25th, do not chase the rise if the previous high is not broken.

Currently, the coin price is fluctuating around 3500, with upper resistance at 3522/3578. In the morning, the coin price attempted to break down but was blocked by the hourly midline. Overall, the hourly level is still in a fluctuating upward rhythm. It is recommended to wait for a pullback before acting.

Refer to around 3460/80 for a pullback, and look towards around 3550.

Subsequently, watch for a potential breakout of the previous high resistance, plan to short at 3565 upon a pin bar, and look for 3400/3300.