ETH didn't move today.



The rate cut yesterday indeed followed through, and the target was hit. Now, looking from a smaller timeframe, don't be fooled by those short-term supports.

On the four-hour chart, that big bearish candle was quite fierce. Without strong stimulation, it's hard to see a quick rebound in the short term. The monthly and weekly charts are still there, and the bear market sentiment hasn't dissipated.

The overall outlook remains bearish. But why are we staying on the sidelines today? Because the support at this level is somewhat significant, and there might be a small rebound—keeping an eye on the 3240 and 3300 levels.

Especially during the period before the US stock market opens, stay alert.
ETH0,87%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
Add a comment
Add a comment
gas_fee_therapistvip
· 2025-12-14 12:14
3240 rebound is really coming, go in; otherwise, continue to be bearish
View OriginalReply0
BearMarketSurvivorvip
· 2025-12-12 04:23
That bearish candle really scared me; I feel like this rebound is just a trap.
View OriginalReply0
BlockchainFriesvip
· 2025-12-11 14:51
The recent interest rate cut indeed hit the bottom, and today's support level is a bit interesting.
View OriginalReply0
MemeKingNFTvip
· 2025-12-11 14:28
What’s the fuss about yesterday’s meat? Today, you should learn to "observe the waves"... The little difference between 3240 and 3300 is just an illusion in a bear market.
View OriginalReply0
RektRecoveryvip
· 2025-12-11 14:24
ngl the support holding here is textbook trap logic... we've seen this play before lmao
Reply0
  • Pin