#以太坊行情解读 12.25 Early Morning ETH Price Trend Observation

Based on yesterday's rebound pattern, short-term funds have formed a clear focal point at the 2940 level. How will the trend develop in the early morning? Let's consider two possibilities:

Upward Scenario

To establish a foothold for the bulls, several key conditions must be met: the price needs to stabilize at 2940 without wavering, and trading volume must also pick up. Once these two conditions are satisfied, other mainstream coins will also respond with an upward move. This would give the rebound new momentum.

Looking upward, 2950 is the first hurdle (recent resistance level), and breaking through it would leave the intraday high at 2957.94 waiting. If trading volume surges, the 2960-2965 range could be tested. If the support zone between 2935-2940 holds, the bullish rebound momentum won't be interrupted.

Downward Scenario

Conversely, if the early morning rebound weakens, trading volume rapidly shrinks, and the price falls below the 2935 support level, the bears will take control.

Looking downward, 2920-2925 is the first line of defense (the previous rebound's intermediate low), and further down is the 2900 round number. If selling pressure accumulates, the intraday low at 2886.75 is likely to be retested. At this point, the 2935-2940 zone shifts from support to resistance. If a rebound attempt from this level is weak, the downward speed will accelerate.

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