2025-12-25 08:28:24

The performance of Ethereum in the past couple of days has indeed been affected by the holiday effect. During Christmas, many institutions in the US were on vacation, leading to a significant tightening of market liquidity. Tomorrow is also Friday, and the weekend is approaching, so short-term volatility should not be too large. The orders caught at low levels last night can be held, and currently, the market still shows a pattern of oscillation and consolidation.

From a technical perspective, the 2975 level remains the most critical resistance line, with support mainly concentrated in the 2910 to 2900 range. Looking at the Bitcoin situation, the liquidation map shows that around 88,800, there are many short liquidation positions stacked, indicating that long positions coming from the bottom still have some support. Those who started building positions at low levels can continue to hold without rushing to exit.

ETH0.26%

BTC0.57%

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NFTDreamer

· 11h ago

I'm tired of the holiday effect explanation. Anyway, the bottom I copied last night is still in the red, so I'll just keep lying here.

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WealthCoffee

· 11h ago

Holidays are quiet, liquidity is tight, this wave really requires patience, don't mess around --- The long positions at the bottom still need to be held, there's a pile of shorts at 88,800, and the support is pretty good --- 2975 resistance level is holding tightly, just stay around 2900-2910 this weekend and don't break it --- The Christmas holiday caused this, institutions over in the US are all resting, no wonder it's so dull --- I'm holding all the low-position orders I took, anyway short-term volatility isn't big, let's wait and see --- Looking at the liquidation map, the bulls coming from the bottom do have some confidence --- The weekend is here, let's just leave it at that, sideways consolidation for a couple of days before deciding --- No rush to exit, the technical support is still there, keep holding

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AirdropHunterZhang