December 26 Early Morning ETH Price Movement Forecast and Analysis

I. Core Market Signal Analysis

1. Key Support and Resistance
- Support: 2940-2945 is the short-term consolidation center support, a key level for pullback after intraday rebound; 2930 is a strong support, if broken, it will test the previous low zone of 2910-2920.
- Resistance: 2950-2955 is the first rebound resistance in the early morning, where intraday rally and pullback form a resistance; 2965-2970 (below the intraday high) is a strong resistance, requiring volume to break through.

2. Volume and Momentum Judgment
ETH surged violently from 2910.14 to 2969.99 and then quickly retreated. During the rally, volume increased, but volume also accompanied the decline, indicating significant selling pressure after the bulls' push. In the short term, this is "consolidation after sharp rise," with no sustained bullish momentum.

3. Market Correlation Impact
The sentiment pressure from the 236 billion dollar options expiring tomorrow still exists, making it difficult for ETH to form an independent trend. Early morning, it is highly likely to fluctuate with BTC, with a higher risk of sudden spikes.

II. Early Morning Bull and Bear Strategies

1. Bullish Strategy
- Entry Conditions: ETH pulls back to the 2940-2945 range with volume confirming stabilization (e.g., hammer, bullish engulfing).
- Stop Loss: Below 2935 to avoid support breakdown risk.
- Target: First target 2955-2960, after which look for 2975-2985 if broken.

2. Bearish Strategy
- Entry Conditions: ETH rebounds to the 2950-2955 range with volume showing resistance (e.g., shooting star, bearish engulfing).
- Stop Loss: Above 2960 to prevent false breakouts.
- Target: First target 2940-2945, if broken, then look for 2925-2915.

III. Core Conclusion on Early Morning Movement

ETH is highly likely to fluctuate within the 2940-2955 range in the early morning. Due to market caution ahead of BTC options expiry, large directional moves are unlikely. Rallies may face selling pressure, and pullbacks will have technical support. If you're unsure about entry timing, always stay tuned! The captain will monitor the charts in real-time, analyze market movements, and combine options expiry sentiment to accurately signal bullish or bearish opportunities, helping you confidently seize early morning profits and fly high!