📣11/19 Ethereum Trend Detailed Analysis and Trading Recommendations:

Ethereum's trend has been fluctuating, and many people have been feeling frustrated with this kind of movement lately. Slight inattention could turn profits into losses. Currently, although Ethereum has experienced multiple rebounds, the bearish trend has not yet changed.

Based on the four-hour Ethereum price trend analysis, the recent candlestick price moved quickly from the low of 2828.57 on December 18 to 2975.57, forming a strong bullish candle, indicating increased bullish momentum. After a significant decline on December 17, two consecutive days of long lower shadows appeared, showing strong support below. In the MACD four-hour cycle, the DIF and DEA are gradually rising but still below the zero line, indicating a short-term need for correction; on the daily chart, the MACD green bars are shortening, and bullish momentum is accumulating. The four-hour RSI is at 53.12, having exited the oversold zone and entered a neutral to slightly bullish area; the daily RSI has also rebounded from lows, showing an upward trend. The current price is above the EMA7 (2924.78) and has broken through EMA30 (2951.11); EMA120 (3048.14) remains an important resistance level. On December 19, trading volume significantly increased, especially during the price rise accompanied by high volume, indicating clear capital inflow. From a daily perspective, volume surged during the recent sharp decline, then decreased during the rebound phase; ongoing attention is needed to see if this continues.

12/19 Ethereum Trading Recommendations:

Recommend short positions around 2980-3000, with target levels at 2930-2900-2870.

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