December 26 ETH Technical Analysis (10:45, China Time)
• Price Snapshot: approximately $2,910 USD, narrow fluctuations, low trading volume; volatility risk increases due to the expiration of about $28.5 billion BTC/ETH options on Deribit.
• Key Levels: Resistance at 2,960-2,970, 3,000; Support at 2,900, 2,850-2,880; below 2,800 (daily Bollinger Bands lower band).
• Chart Patterns and Indicators: Daily consecutive declines, EMA20/50 resistance; 4-hour descending triangle (bearish), RSI≈42 neutral to weak, MACD bearish shrinking, OBV declining, bullish momentum insufficient.
Actionable Strategie
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