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Ethereum's trend tonight #非农数据超预期
On December 17th at 18:00, it shows a sideways to bullish pattern. In the short term, it rebounds supported by $2930. Multiple time frame signals resonate, but resistance above is clearly strong. It is recommended to focus on low buy-ins within the range and use high sell-offs as supplements.

Multi-time frame analysis and trading plan

- 15-minute chart: Narrow fluctuation between 2945-2955, Bollinger Bands tightening, MACD forming a small bullish crossover with slight volume increase, support at 2930, resistance at 2977.
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- 1-hour chart: Price stabilizes above MA5/MA10, rebound momentum strengthens, key support at 2900 (neckline), resistance at 3000 (integer level).
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- 4-hour chart: MACD shows an initial bullish crossover below zero, moving averages rising, strong support at 2870-2880, strong resistance at 3050-3070.

Long entry reference: Enter within the 2930-2940 range, stop loss below 2890, target 2970-2980, break above can look at 3000-3016.
Short entry reference: Enter within the 2990-3000 range, stop loss above 3030, target 2950-2940, if support is broken, look at 2910-2900.

Risk control: Single trade risk should not exceed 2% of total funds. Keep a close eye on the effectiveness of breaking through the 3000 level. Avoid heavy positions before the Bank of Japan's interest rate decision.