#加密生态动态追踪 Ethereum Technical Quick Read | 12/10 Market Breakdown and Trading Ideas

Recently, ETH's performance has been quite promising. The price reclaimed the 3250 resistance level, directly reaching the target range of 3400. For bulls, the 3250 level is crucial — once it reverses and stabilizes, the subsequent upside potential could be unlocked. Conversely, if it falls below around $3250, bears might have an opportunity, with support roughly around 3150.

On the 4-hour candlestick chart, the last two days (December 09-10) have seen consecutive green candles with high points continuously rising. The rebound after the long lower shadow on December 08 indicates strong buying interest below. Regarding MACD, both the 4-hour DIF and DEA are above the zero line, but the bars are getting shorter, indicating diminishing momentum; the daily MACD shows increasing buying volume and strength. The 4-hour RSI has already reached 68, approaching overbought territory, so caution is advised for potential adjustments; the daily RSI remains near 70, indicating strong momentum.

Moving averages show EMA7, EMA30, and EMA120 all below the price, in order with 7 > 30 > 120, confirming a bullish pattern. In the short term, EMA7 around 3280 acts as support. However, the trading volume is interesting — at 16:00 on December 10, volume was 155,853, significantly lower than previous candles, suggesting market participation is cooling, but the signs of capital entering break levels are still evident.

12/10 Trading Ideas (a strategy of shorting first, then going long):

For short positions, consider entering around 3320, with targets at 3280, 3250, and 3230.

For long positions, the 3240-3250 range is a good entry point, with targets sequentially at 3280, 3330, and 3380.

Market movements can change rapidly, so these analyses are just a snapshot of the current situation. Always follow real-time data for specific operations. $BTC $ETH