December 25 Evening ETH Price Forecast and Analysis

I. Core Market Signal Analysis

1. Key Support and Resistance Zones
- Support Zone: 2910-2915 (with the intraday low at 2910.14 as the core) is the short-term extreme defensive position for the bulls. This zone absorbs panic buy-back funds after intraday plunges. Holding this zone means rapid decline momentum diminishes; if it is effectively broken, the next support is at the 2900-2905 integer level.
- Resistance Zone: 2925-2930 is the first resistance during the evening rebound, where the price repeatedly encounters resistance during the intraday rally; 2940-2945 is the second resistance zone (intraday retracement resistance). Breaking through requires sustained high volume; otherwise, it may trigger bearish selling pressure.

2. Volume and Momentum Assessment
ETH rapidly dropped from 2955.92 to 2910.14, then rebounded to 2920.62, with trading volume continuously decreasing. This indicates that while bearish selling pressure is easing, the bullish rebound lacks additional capital support, representing a weak correction market with overall momentum leaning bearish.

3. Technical Pattern Features
The hourly chart shows a “sharp decline + weak rebound” bearish consolidation pattern. The rebound candlesticks have small bodies with prominent upper shadows, indicating very weak bullish attempts and no effective reversal signals yet.

II. Evening Bullish and Bearish Strategies

1. Bullish Strategy
- Entry Conditions: ETH retraces to the 2910-2915 zone with a volume-supported bullish candlestick (e.g., hammer, bullish engulfing).
- Stop Loss: Below 2905 to avoid false breakouts.
- Targets: First target at 2940-2945; after breakthrough, look for 2965-2975.

2. Bearish Strategy
- Entry Conditions: ETH rebounds to the 2925-2930 zone with a volume-supported bearish candlestick (e.g., shooting star, bearish engulfing).
- Stop Loss: Above 2935 to prevent false breakouts.
- Targets: First target at 2900-2905; if broken, look for 2880-2890.

III. Core Conclusion on Evening Price Action

ETH is likely to fluctuate weakly within the 2910-2930 range tonight. Due to the lingering bearish pressure and the lack of bullish strength, a breakout from this range is needed to trigger a directional move. If you’re unsure about entry timing and pace, stay tuned! The trader is monitoring real-time market movements, providing precise buy/sell signals to help you confidently seize profit opportunities and keep your trading on track.