#美国证券交易委员会推进数字资产监管框架创新 Ethereum Mid-December Market Observation and Trading Ideas:

Yesterday's short position strategy successfully realized profits. In fact, the signs were evident a couple of days ago——Ethereum, which was previously in a clear upward channel, suddenly turned downward. The overall trend remains relatively weak.

From the 4-hour K-line chart, this wave of correction is quite fierce. On December 15th, there was a sharp plunge, followed by a rebound. However, the rebound seemed feeble, with little strength. Several consecutive bearish candlesticks appeared on the daily chart, and in the 4-hour cycle, the highs are gradually decreasing while the lows are continuously making new lows. This is a typical downtrend rhythm.

Let's look at the technical details: MACD below the zero line, with the histogram showing increasingly strong bearish signals. The fast and slow lines are still diverging downward. RSI is hovering around 35; although it hasn't entered oversold territory yet, it's very close, indicating market sentiment is quite weak, and there may still be room for further correction. Regarding moving averages, they are fully in a bearish alignment—EMA7, EMA30, and EMA120 are lined up from top to bottom, with the price trading below all of them. In the short term, these MAs are suppressing the price rebound. Volume is also interesting: on December 15th, during the sharp decline, volume was very high, followed by a volume contraction during the rebound, indicating a clear decline in participation. At the 4-hour level, the volume during rebounds is not very ideal, with buying momentum clearly lacking.

Trading strategy:

If Ethereum rebounds to the 2930-2950 range, consider shorting. Target levels are sequentially: 2890, 2860, 2820. If it falls further, look around 2720.

Market changes happen quickly, so strategies must adapt accordingly. $ETH $BTC