2025-12-24 11:26:01

This wave of the market, ETH is really making people uncomfortable. On the daily chart, the price is firmly held down by the middle band of the Bollinger Bands, with each rebound weaker than the last. As liquidity gradually dries up towards the end of the year and market participation declines, this period indeed requires more caution in operations.

From the perspective of Chan Theory, ETH is currently stuck in a 30-minute level central oscillation, with no clear breakthrough signals in the short term. The height of the rebounds is repeatedly suppressed, and this weak pattern actually creates opportunities for bears.

If you want to catch this short-term trend, you might consider this approach: look for shorting opportunities in the 2950-2960 range, with the first target at 2895. If the downward pressure continues, you can focus on the 2850 support. Of course, risk control is also important; setting the stop-loss above 3005 is more prudent. Such position management can help you stay relatively comfortable in uncertain market conditions.

ETH0.27%

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TradFiRefugee

· 12-24 13:46

Damn, this kind of frustrating market again, Bollinger Bands can't even be pressed down, both long and short positions are uncomfortable. --- I'm also watching around 2950, but I always feel it might be a false break; the liquidity at the end of the year is really thin. --- In the Chan Theory central oscillation, we've been talking about this for so long, but why haven't we seen a decent direction emerge... --- 2850 must hold, or it's really game over. --- This trading idea is okay, but setting the stop-loss at 3005 feels a bit loose, the potential loss is quite large. --- The market is tough, but position management really needs to be careful, or you'll suffer big losses. --- By the way, are there still people willing to hold heavy positions at the end of the year? I've already scaled down to ten percent.

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GasWhisperer

· 12-24 11:56

mempool's screaming red flags rn, that bbands mid-line cage is basically a prison sentence for eth longs... liquidation patterns suggest the smart money already pegged this weakness before most caught wind. ngl the gwei metrics are painting a pretty bleak picture if that 2850 support cracks.

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OldLeekMaster

· 12-24 11:56

The liquidity at the end of the year is indeed dead and dull, and ETH's performance really adds to the frustration.

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RetroHodler91

· 12-24 11:49

The Bollinger Bands are so tightly pressed, each rebound is weaker than the last, it's really frustrating.

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MerkleMaid

· 12-24 11:43

It's starting to suppress the rebound again; this pace is really disgusting.

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GasFeeLady

· 12-24 11:36

ngl the liquidity drying up into year-end is the real tell here... watching those bollinger squeezes like it's a gas price oracle lmao. 2950-2960 entry makes sense if you're not greedy about it, but honestly? timing this feels like waiting for the optimal gwei window that never comes

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