2025-12-24 15:24:20

ETH experienced a significant plunge tonight, with a large bearish candle directly breaking through many people's stop-loss levels. Bulls probably spent a peaceful Christmas Eve—fortunately, they exited in time, or this drop could have caused a heart attack.

From the trend, Ethereum has already broken below the 2900 integer level, and the bears have made a killing in this wave, controlling the rhythm tightly. The next key support is around 2830, which is a critical level. If it breaks further, market sentiment will shift even more.

In the short term, this wave of market movement is indeed tough for the bulls, but it also provides cautious traders with an opportunity to re-position. The key is whether they can hold steady at the support level.

ETH-0.76%

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TokenStorm

· 5h ago

2830 is really about monitoring the on-chain data trend within 72 hours; otherwise, this wave is a textbook case of the eye of the storm.

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MondayYoloFridayCry

· 5h ago

2830 is about to break if it doesn't hold, this wave the bears are really playing well

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MemeTokenGenius

· 5h ago

Is this the same routine again? The bears are happy while the bulls are crying, just the old trick. --- 2830 needs to hold steady, if it breaks again I really have to liquidate everything and lie flat. --- Those who sold in time made a profit, while the slow ones are still numb, waiting for rescue. --- This wave of momentum, the bears really played it well. I’ve been educated. --- Support levels are critical moments; let’s see who can take the hit better. --- Christmas Eve isn’t peaceful, and the wallet is even less secure. --- Bulls are really struggling now, but I still believe in the rebound potential. --- If 2900 breaks, it’s clear there’s more to break below, find a good bottom before re-entering. --- The bears made a killing this wave; next time we should be the ones to rebound. --- Has anyone cut losses? Really, don’t ask me how I know.

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HorizonHunter

· 6h ago

Whether 2830 breaks or not depends entirely on tomorrow morning's performance.

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