20251222 Ether #ETH Market analysis:
From a 4-hour perspective, the morning price established high and low points (3060, 2966), and during the day the market is in a consolidation phase. Overall, the structure currently shows strong bullishness, suitable for buying on dips.
Upper resistance levels: 3050 3150 nearby
Lower support levels: 2970 2880 nearby
Using a smaller timeframe of 15 minutes, near 2970 can be a good point to buy a small position on the dip, with a take profit target around 3030 and a stop loss near 2940, resulting in a risk-reward ratio of approximately 2:1.
The current key level is around 2970; if it breaks below, we would look at the vicinity of 2880.
Christmas week, Christmas chaos~
$ETH
From a 4-hour perspective, the morning price established high and low points (3060, 2966), and during the day the market is in a consolidation phase. Overall, the structure currently shows strong bullishness, suitable for buying on dips.
Upper resistance levels: 3050 3150 nearby
Lower support levels: 2970 2880 nearby
Using a smaller timeframe of 15 minutes, near 2970 can be a good point to buy a small position on the dip, with a take profit target around 3030 and a stop loss near 2940, resulting in a risk-reward ratio of approximately 2:1.
The current key level is around 2970; if it breaks below, we would look at the vicinity of 2880.
Christmas week, Christmas chaos~
$ETH
