Don't forget, the darkest moment is often just before dawn. On the road to chasing dreams, you are never alone; you have me.

I am a scholar in the crypto world, a warrior who has always protected the retail investors. I wish my fans financial freedom in 2024. Let's work hard together!

Crypto Scholar: December 26, 2024 Ethereum (ETH) Latest Market Analysis Reference

The current price of Ethereum is 3480. It is now 5 AM Beijing time. The hardest part of this market is for trend traders, while the most comfortable part is for swing traders. The range-bound market is only suitable for swing trading. From above 3500, it moves south to below 3460, and although this range only has 40 points of space, swing trading within this range can capture six or seven times a day, adding up to nearly 300 points of space back and forth. However, the risk is indeed greater than the reward, so I do not recommend trading in this 40-point range, as overtrading can narrow your perspective.

The daily K-line is currently facing resistance at the EMA30 and the intersection point of EMA15 at 3550. I mentioned in yesterday's article that this position is a strong resistance. The lowest point is 3440, which has not yet retraced adequately. If the retracement depth is insufficient, it is not suitable to enter; you can continue to wait for opportunities. Pay attention to the EMA60 support at 3370 and the 0.618 support at 3325 as two entry points for moving north. The MACD has been continuously reducing volume, and the DIF and DEA are polarized, continuing to consolidate. The Bollinger Bands are opening, and the K-line retracement is focusing on the mid-band resistance at 3710. The overall trend remains unchanged in a consolidating market.

The four-hour K-line is currently in an extremely sideways market, adjusting above the EMA30 support level at 3450. The overall EMA trend indicator is still in a contraction phase. The MAD has been continuously decreasing in volume, and the DIF and DEA entering polarization indicate that the bullish direction has not yet been determined. Currently, there is strong resistance at 3550, and there is a possibility of a short-term pullback. The upper pressure of the Bollinger Bands has expanded to 3565, with mid-band support focusing on 3400 to defend the lower band support at 3245. From the current market perspective, traders choosing to go south above 3500 can continue to hold and watch if 3450 can break through. If it does not break, consider exiting; if it breaks, you can continue to expand your gains downward.

Short-term reference: Safety first. Remember that the market is never 100% certain, so always set stop-losses. Safety first, small losses with big gains is the goal.

For northward trial positions, 3350 to 3300, with a defense at 3250, stop at 50 points, target 3400 to 3450, and if broken, look at 3500 to 3550.

For southward trial positions, 3550 to 3600, with a defense at 3650, stop at 50 points, target 3500 to 3450, and if broken, look at 3400 to 3350.

Specific operations should be based on real-time market data. For more information, you can consult the author. There may be delays in article publication, so the suggestions are for reference only, and risks are borne by the reader.

This article is exclusively contributed by the Crypto Scholar and represents the scholar's unique perspective. In-depth research has been conducted on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the timing of the article's release, the above views and suggestions may not be real-time and are for reference only. Risks are borne by the reader. Please indicate the source when reprinting. Manage your positions reasonably and avoid heavy or full positions. The scholar also hopes that all investors understand that the market is always right. If you are wrong, you should reflect on where the problem lies. Do not let the profits that should be yours slip away. There is no need to be smarter than the market. When a trend comes, respond and follow it; when there is no trend, observe and remain calm. It is not too late to act once the trend becomes clear. Tomorrow's success stems from today's choices. Heaven rewards diligence, the earth rewards kindness, humanity rewards sincerity, business rewards trust, industry rewards excellence, and art rewards passion. Gains and losses often occur unexpectedly. Develop the habit of strictly setting stop-losses and take-profits for each trade. The Crypto Scholar wishes you happy investing!

Warm reminder: The above content is solely created by the author of the public account. The advertisements at the end of the article and in the comments section are unrelated to the author. Please discern carefully. Thank you for reading.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。