For Ethereum$ETH 's trading decisions today (December 26), the overall market sentiment is leaning towards caution or bearishness. Multiple technical indicators show a short-term downward trend, and today is also an important milestone for the Bitcoin market, which could influence the overall cryptocurrency market sentiment.

To help you quickly understand the key technical levels, I have summarized the main points from the search results as follows:

Key Resistance Levels

· Major resistance: $3065
· Strong resistance: $3445

Key Support Levels

· Major support: $2665
· Lower target: around $2485

Current Market Overview

· Trading price: approximately $2939
· Market sentiment: technical indicators show a bearish ratio of 63.64%
· Technical pattern: operating within a descending channel

📈 Potential Long Opportunities

If considering a long position, this involves countering the short-term trend, requiring stricter conditions and risk management.

· Core idea: aiming for a technical rebound towards resistance.
· Signal to watch: price stabilizes at support level (around $2665) and shows signs of a rebound.
· Target: near the recent resistance at $3065.
· Key confirmation: a strong breakout and stabilization above $3445 could reverse the short-term downtrend and open up larger upside potential.

📉 Potential Short Opportunities

This aligns with the current technical downward trend.

· Core idea: follow the descending channel and enter when rebounds weaken.
· Signal to watch: price shows signs of stagnation or reversal after rebounding to resistance near $3065.
· Target: support at $2665; if broken, further decline toward $2485 is possible.

⚠️ Important Market Dynamics to Watch Today

Besides technical charts, the following fundamental and market events from the search results require your special attention:

1. Major day for the cryptocurrency market: today (December 26) is the largest options expiry day in Bitcoin history, with a nominal value of about $24 billion. This often brings significant short-term volatility risks to the entire crypto market, so closely monitor market sentiment changes.
2. Changes in macro market structure: some analyses indicate that by 2025, the crypto market is undergoing a fundamental shift from retail-led to institution-led dominance. This structural change may lead to different market volatility dynamics than in the past.
3. Long-term narrative for Ethereum: as background, Ethereum plans a major “Glamsterdam” upgrade in 2026, aimed at significantly increasing network processing capacity. This provides a fundamental support for its long-term value, but has limited short-term impact on price.

💎 Summary and Recommendations

Overall, based on the current bearish technical structure and external market events, it is more prudent for most traders to stay on the sidelines or adopt a more cautious approach today.

If you plan to trade, you should:

· Strictly control risk: set stop-loss orders regardless of long or short positions.
· Pay attention to key levels: focus on breakthroughs of $3065 (resistance) and $2665 (support).
· Be alert to market volatility: closely monitor the overall market fluctuations triggered after Bitcoin options expiry. #加密市场小幅回暖