Looking at the 4-hour chart, ETH's current situation is indeed not very optimistic. The short-term moving averages (MA5, MA20, MA60) have all been broken through, and their arrangement looks very ugly — a clear bearish pattern. The price has been firmly suppressed by these moving averages, and the technical signals are very clear: the bears are in control.



What do the indicators say? After the MACD formed a death cross at high levels, the fast and slow lines haven't stopped—they've been moving downward. The key point is that the fast line has effectively broken below the zero axis, which means the market has officially entered a bearish-dominated zone. Meanwhile, the green momentum bars continue to expand, indicating that the downward momentum hasn't eased, and the short-term correction process is likely to continue.

From a trading perspective:
- If the rebound in the 2950–3000 range is resisted, pay attention to the downward opportunity
- Support levels below are sequentially 2900 / 2840 / 2780 / 2700
ETH1,28%
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MoonBoi42vip
· 2025-12-20 01:38
ETH looks like it's really going to break below this time. The moving average alignment is so ugly, not a good sign. With such a strong bearish momentum, we still need to take it seriously. If the 2950 support level can't hold... then let's wait and see at 2900. The MACD death cross has been ongoing for a while, and it's still trending downward. It's hard to rebound in the short term, so stay alert. By the way, should we consider reducing our position at this level? The risk feels a bit high. With such a clear downtrend, 2780 is the real support I am watching. The moving average resistance is so strong that any rebound would only be a trap. Don't be fooled.
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BloodInStreetsvip
· 2025-12-18 18:30
Bearish death cross, now it's really time to buy the dip... It's the same old story, I'm damn used to it. All moving averages are crossing, MACD breaks zero line, basically it's just a dump. See you at 2700. The real moment for retail investors to cut losses, just wait and see. Keep pushing down until the bottom, only the bloodied chips at the bottom are valuable. This time I'll be trapped for a few months again, so annoying. After breaking the zero line, there's no more rebound, just drift to 2700. I bet this month will be cut in half again, no problem. Waiting to see the support below, major players have already exited.
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TopEscapeArtistvip
· 2025-12-17 11:40
Here we go again, every time claiming the technicals are perfect... yet I'm still holding the high-position bag waiting for a rebound. Buying the dip at 2950—can I die from that? You only feel satisfied if it drops to 2700, right? I saw the MACD death cross early, but I choose to believe it will form a golden cross—that's called faith.
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SerRugResistantvip
· 2025-12-17 11:40
ETH this wave is indeed a bit tough, with all moving averages in a full bearish alignment. Once the fast line breaks the zero axis, it's over, and it may fall further. 2700 might be the bottom, let's watch and see.
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DaoDevelopervip
· 2025-12-17 11:39
ngl the macd death cross on 4h looks gnarly, but here's the thing—those support levels feel too clean, like everyone's watching the same chart. what if the real accumulation happens below consensus?
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StakeWhisperervip
· 2025-12-17 11:35
Is ETH going to drop again? Damn, I just bought the dip. --- The MA is fully bearish, this time it's really going to retrace. --- If 2700 can't hold, I'll just liquidate everything. --- It's the same old story, last time I analyzed it like this, I didn't see the bottom coming either. --- The green candles keep expanding, it looks nerve-wracking. --- Wait a minute, is it a bit early to enter now? --- Bear control isn't scary, what's scary is running out of cash. --- If 2950 can't hold, then it's really down to 2700. Feels like there's still hope in this wave. --- Every time it's said to be a short-term correction, but it ends up lasting a month. --- The big players probably already sold out, and we're still here watching the indicators. --- The death cross has appeared, and you still want a rebound? You're overthinking it.
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TopBuyerBottomSellervip
· 2025-12-17 11:15
It's another bearish suppression; I'm already tired of this routine. --- MACD death cross has been so long, and it's still falling? Come on, a rebound is just to trap the latecomers. --- Wait, can the 2700 support really hold? --- The moving average resistance is so strong, I really dare not take the bait. --- The green candles are still going, which means it's not over yet. --- Sounds like we're about to hit a new low again? Feeling uncomfortable. --- Can this wave stop fooling me into entering again? --- I'll just withdraw if the rebound at 2950 gets blocked. No point in playing. --- Looking at the chart, I've heard this story too many times; in the end, I still have to bear it myself.
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OnchainGossipervip
· 2025-12-17 11:13
It's crashing again. This time, it really has to drop to 2700 to stop the bleeding.
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