ETH 4-hour chart technical reversal signal: bearish traders dominate, key price range 2948-3043

OnChainDetective · 2025-12-23T03:00:13+00:00

Recently, ETH has shown a technical reversal, rebounding after a significant price fall, but overall it still appears weak. The volume-price relationship indicates a quiet market, with shrinking trading volume. Technical indicators such as MACD and KDJ are both signaling short positions, suggesting that the subsequent downtrend may continue. It is crucial to follow the key price level of 2948 support.

OnChainDetective

2025-12-23 03:00:13

Abstract generation in progress

[Coin World] ETH has shown a significant technical reversal in the last 4 hours. The price has fallen sharply compared to the same time yesterday, but has rebounded compared to the same time yesterday, although it has already retreated from the midnight price today. The candlestick pattern shows a large bearish candle, with the last closing candle being a bullish line, and the closing price is higher than the opening price, but this has not reversed the overall weak pattern.

Volume-Price Relationship in Red Alert: The trading volume has significantly shrunk, not only declining compared to the previous hours, but the price is also weakening simultaneously. This double whammy of volume and price directly reflects the current market's sluggishness and a serious lack of trading participation.

Technical Indicators Fully Bearish: In terms of MACD, the histogram remains negative and is gradually lengthening, indicating a significant strengthening of the bears. The KDJ indicator has shown a death cross signal, with a value as high as 95, clearly in the overbought range. Regarding moving averages, although MA10 is still above MA30 (verified at 16:00 and 20:00 on 2025-12-22), the downtrend has become a fait accompli, and the risk of divergence between volume and price is accumulating.

Key Price Levels Overview:

If bullish, you can arrange positions around 2859.02 or 2772.38, with a stop loss set at 2768.02.
If bearish, you can enter around 3043.0 or 3093.19, with a stop loss set at 3067.85.
Recent support level 2948.0, resistance level 3043.0, highest reached 3052.59, lowest fell to 2781.93

Overall, the bears are in control. If there are no effective reversal signals in the future, attention should be focused on the loss or gain of the support level at 2948.

ETH2.53%

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ApeWithAPlan

· 2025-12-25 16:17

This wave of divergence between price and volume feels like it's about to break... If the 2948 level can't hold, just go all-in on short positions.

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MEVSandwichMaker

· 2025-12-25 11:39

Double kill of price and volume, MACD turning bearish, KDJ death cross... Are the bears really about to turn the tide? But I'm worried it might just be a false alarm. Whether the key level at 2948 can hold is the real question.

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RugPullAlarm

· 2025-12-23 03:25

How can you still say that MA10 is above MA30 when the volume has shrunk like this? It’s a typical case of self-deception in technical analysis. A KDJ of 95 combined with a continuously expanding negative MACD indicates that funds are fleeing; don't use technical indicators to obscure the fact that the fundamentals have collapsed.

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0xSunnyDay

· 2025-12-23 03:18

The price and volume are both in decline, this wave is indeed quiet. The KDJ has formed a death cross, and you still dare to buy the dip? I think it's risky.

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CryptoPunster

· 2025-12-23 03:16

Volume price double kill plus death cross, this rhythm is definitely giving us a live teaching material... The feeling of losing this order with a smile has come again. --- Oh dear, KDJ skyrocketed to 95 and is still overbought, I bet five bucks the next Candlestick is going to be a big dump limit down reverse teaching. --- Wait a minute, is the MACD bar still getting longer? Is the bearish traders going to admit the long positions to the hospital? --- Volume shrinks and price falls, what is this performing? The market is so quiet that I can even hear the sound of my own heart breaking. --- ma10 is still holding onto ma30, but the downtrend has become a foregone conclusion... This is more heartbreaking than believing in ex.

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