#美联储启动新一轮降息周期 ETH this wave of market activity is worth watching

Ethereum recovered the key resistance at 3250 a couple of days ago, reaching towards the target area of 3400. For friends looking to add long positions, the 3250 level may become support after a reversal—if it breaks below, a short-term decline will start, potentially retesting around 3150.

From a technical perspective, ETH has shown oscillating upward movement on the recent 4-hour chart, with continuous bullish candles on December 9-10, pushing the highs higher. Although the candle on the 8th had a long lower shadow, the subsequent rebound was strong, indicating plenty of buying interest at lower levels.

Regarding MACD, on the 4-hour cycle, both DIF and DEA are above the zero line, but the bars are shrinking, indicating diminishing momentum; on the daily chart, MACD is still bullish with volume increasing. The RSI is noteworthy: on the 4-hour chart, it has reached 68, approaching overbought territory, so a pullback risk should be watched; on the daily chart, it remains around 70, indicating strong momentum. The moving average system is clear: EMA7, EMA30, and EMA120 are all neatly aligned (7>30>120), and the price is trading above these lines, confirming a bullish trend without doubt. Trading volume has become somewhat sluggish; at 16:00 on December 10, volume was only 155,853, significantly lower than previous candles, indicating market caution.

Based on this rhythm, the trading plan for 12/10 is as follows:

**First short, then long strategy**

Short positions: enter around 3320, targeting 3280→3250→3230 levels

Long positions: wait until around 3240-3250 to add, targeting 3280→3330→3380