As of 2025-12-29 15:56, ETH spot price is approximately $2938 (24h +0.2%), mainly fluctuating within a range. Liquidity is low towards the end of the year. Trading should focus on range-bound strategies with light positions and stop-losses.

Core Views and Key Levels

- Short-term Pattern: Bearish on daily chart, weak rebound on 4-hour chart. Key resistance at 2950-3000, strong support at 2920-2880.
- Key Levels (USD)
- Support: 2920-2930 (intraday low), 2880-2900 (strong support)
- Resistance: 2970-3000 (psychological + moving average), 3030-3060 (multiple resistances)
- Indicator Tips: Daily MACD shows weakening momentum, 4-hour MACD shows a golden cross but RSI not yet in strong zone, rebound sustainability is questionable.

Trading Strategies (by type)

- Short-term Intraday (quick in and out)
- Long positions: Buy on dips at 2920-2930 with light positions, stop-loss 30 points, target 2960-2970
- Short positions: Short on rebounds at 2970-3000 with light positions, stop-loss 30 points, target 2930-2920
- Position size ≤20%, strict stop-loss, avoid chasing entries
- Swing Trading (cautious)
- Mainly observe, wait for breakout of range; once volume stabilizes above 3000 with increased volume, try small long positions; if below 2920, switch to rebound short strategy
- Position size ≤10%, stop-loss increased to 50-80 points, targets 2980-3030 (long) or 2880-2840 (short)
- Spot Holding / DCA
- Existing positions: Hold if above 2920, reduce or hedge if below; no position: wait for 2880-2900 to build gradually, control total position size
- DCA: During year-end low range, small-scale DCA is recommended to avoid heavy one-time entries

Risks and Risk Management

- Risk Points: Poor liquidity at year-end may cause "false breakouts," ETF outflows, institutional rebalancing may disturb prices
- Risk Control Principles: Light positions (≤20%) + stop-loss (30-80 points) + no chasing entries. Focus on range-bound trading; follow through on breakouts!