#以太坊行情解读 $ETH this wave of market movement still requires caution. The price is stuck between 2820-2850, showing no strong signals, and is actually being pressed down by the bears.
The MACD momentum is weakening; after the green bars expanded, they started to contract, but the fast and slow lines are still struggling below the zero line. No golden cross has appeared, indicating that the bears haven't fully relaxed their vigilance. The Bollinger Bands' performance is even clearer — the price is brushing along the lower band from above, with the middle band continuously moving downward, tightly constraining the rebound space. The upper band is also moving down in sync, which is a typical bearish rhythm. Although the lower band is gradually flattening, indicating diminishing downward momentum, it's too early to say this is a reversal.
Structurally, the price continues to be pressured below the middle Bollinger Band, with each rebound being targeted by the moving averages and the middle band together. The trading volume also isn't supportive, so in the short term, the market is mainly oscillating. Don't expect a sudden surge.
For trading strategies, it's recommended to stay patient: if the price retraces to the support zone of 2775-2745 and stabilizes, consider building multiple long positions gradually, targeting the 2860-2920 range. But this is only if trading volume truly cooperates and key resistance levels are effectively broken.
A risk to note: technical indicators are inherently lagging. If the price directly breaks below the lower band support, or if the MACD green bars significantly expand again, you should immediately adjust your approach to respond to accelerating bearish momentum. In the short term, market fluctuations are still relatively dull. Instead of waiting passively, it might be more prudent to wait until volatility intensifies before making new moves.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
18 Likes
Reward
18
8
Repost
Share
Comment
0/400
0xTherapist
· 12-20 14:18
Wait a minute, it seems like the short squeeze momentum will continue... With such weak trading volume, can it really rebound?
View OriginalReply0
NullWhisperer
· 12-20 00:13
technically speaking, that bollinger band compression is basically a vulnerability waiting to happen. either it breaks up or dumps hard—no in-between. volume's the real tell here, not the ma lines everyone obsesses over.
Reply0
FarmToRiches
· 12-18 06:30
Still being pressed down by the bears there, really exhausting.
Wait, do we really need to hold steady at 2745 this time? Otherwise, it might drop again.
The Bollinger Bands are moving downward, who dares to chase the high...
The MACD is still stuck below; when will it turn around?
Rather than overthinking here, it's better to wait and see if there's enough volume to support a move.
View OriginalReply0
MechanicalMartel
· 12-18 06:29
Let's wait until the volume picks up. Right now, this market is just testing people's patience.
View OriginalReply0
MevTears
· 12-18 06:28
Wait until the volatility intensifies before jumping in. There's really no opportunity this time; it's quite boring.
View OriginalReply0
GasFeeCrybaby
· 12-18 06:19
Another stagnant market situation, it's giving me a headache. The 2820 level is holding firm, and the bears are really getting on my nerves.
View OriginalReply0
FOMOrektGuy
· 12-18 06:19
Wait, was I sniped again by the middle track? I'm really tired of this routine. I shouldn't have chased the high yesterday if I had known.
#以太坊行情解读 $ETH this wave of market movement still requires caution. The price is stuck between 2820-2850, showing no strong signals, and is actually being pressed down by the bears.
The MACD momentum is weakening; after the green bars expanded, they started to contract, but the fast and slow lines are still struggling below the zero line. No golden cross has appeared, indicating that the bears haven't fully relaxed their vigilance. The Bollinger Bands' performance is even clearer — the price is brushing along the lower band from above, with the middle band continuously moving downward, tightly constraining the rebound space. The upper band is also moving down in sync, which is a typical bearish rhythm. Although the lower band is gradually flattening, indicating diminishing downward momentum, it's too early to say this is a reversal.
Structurally, the price continues to be pressured below the middle Bollinger Band, with each rebound being targeted by the moving averages and the middle band together. The trading volume also isn't supportive, so in the short term, the market is mainly oscillating. Don't expect a sudden surge.
For trading strategies, it's recommended to stay patient: if the price retraces to the support zone of 2775-2745 and stabilizes, consider building multiple long positions gradually, targeting the 2860-2920 range. But this is only if trading volume truly cooperates and key resistance levels are effectively broken.
A risk to note: technical indicators are inherently lagging. If the price directly breaks below the lower band support, or if the MACD green bars significantly expand again, you should immediately adjust your approach to respond to accelerating bearish momentum. In the short term, market fluctuations are still relatively dull. Instead of waiting passively, it might be more prudent to wait until volatility intensifies before making new moves.