📣Ethereum short positions are once again taking profits and exiting the market. The end of the year presents both an opportunity and a chance!

　　Tonight, we set up short positions in Ethereum in the 2760-2780 range. The price reached this level again, yielding nearly 120 points in profit, and all positions have been perfectly closed with profits!

　　The 4-hour EMA20, EMA50, and EMA200 moving averages are arranged in a bearish configuration, with the price continuously trading below these averages. The moving averages are exerting clear resistance on the price, reflecting that the medium-term downtrend remains unchanged. MACD indicator: The MACD line is below the signal line, with the histogram showing negative values and an expanding trend, indicating that bearish momentum is still strengthening, with no clear signs of reversal. RSI indicator: The RSI (14) is in the weak zone between 30-50, not yet oversold but with relatively low values, showing weak buying pressure in the market and insufficient rebound momentum. Bollinger Bands: The price is trading below the middle band, with the bands opening downward. The lower band provides some support, but the middle and upper bands are continuously declining, indicating an overall bearish trend.

　　Support levels: First support at $2675, serving as a critical emotional threshold. If broken with increased volume, the price may further decline to $2630 or $2600; second support at $2600, which is a previous area of high trading volume and has some buying support.

　　Resistance levels: First resistance at $2780, which was a support level broken previously and may encounter resistance during rebounds; second resistance at $2900, an important short-term resistance zone with a large number of trapped positions, requiring increased volume to confirm a breakout.

　　Trend forecast:

　　If the price stabilizes and stops falling at the $2675 support level with decreasing volume, forming a long lower shadow candlestick and with moving averages leveling off, a short-term technical correction may begin. The initial rebound target is $2780, and if broken, it could rise to $2900.

　　If the price breaks below $2675 with increased volume, the downward channel will further open, and the price is likely to test support at $2630, $2600, or even lower levels.

　　Future trading suggestions:

　　Short-term traders: Stay on the sidelines; consider entering light long positions after the price clearly stabilizes and stops falling, with a stop-loss below $2675. When the price encounters resistance at the $2780-2900 zone during a rebound, consider shorting with a small position, setting the stop-loss above resistance.

　　This strategy is time-sensitive. Implementation is mainly based on free guidance!$BTC $ETH ‌#加密市场回调 #加密市场观察 #中东局势升级 #GateLive直播挖矿公测开启 #美联储利率维持不变