Recently, Ethereum has been fluctuating in a downward channel with a clear pattern—oscillating and rebounding during the day, then accelerating downward at night. Recently, after touching the upper resistance, it plunged sharply, then retested the lower support, and directly broke through the short-term lows. This indicates that the bears still have strong momentum, and the subsequent trend is likely to be a rebound followed by further selling. The daily chart shows a death cross, which will require time to gradually repair.
From a smaller timeframe perspective, there is a rebound demand when touching support. My approach is to continue looking for opportunities to go long in the 2830-2800 range, with target zones at 2930-2960 above. If a rebound profits are made, take profits and don’t be greedy. Currently, the market is quite volatile. If during the rebound a small timeframe shows signs of a top formation, I will consider closing long positions and switching to short. The specific operation will depend on real-time candlestick performance.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
9 Likes
Reward
9
5
Repost
Share
Comment
0/400
SatoshiHeir
· 2025-12-22 03:23
It should be noted that your discussion of the daytime Rebound and nighttime sell with bearish market pattern essentially falls into an old trap of Technical Analysis—overfitting. On-chain data clearly indicates that this "pattern" is often a product of survivor bias.
I do not disagree with the long order layout in the 2830-2800 range, but let me be frank: the take profit statement is too easy to say. The real dilemma is that when the rebound reaches 2930-2960, you will face a falsification moment—whether the market is starting or if it is a bull trap to escape? This is not something that a Candlestick can tell you; it requires an understanding of on-chain Large Investors' movements.
To be honest, still entangled in the repeatedly death cross market data, rather than getting caught up in the small-level long wick candle top, it is better to examine what the real driving force behind this downturn truly is. Is it really just the technical aspect? Or is there a deeper fundamental issue at play?
View OriginalReply0
ser_ngmi
· 2025-12-19 03:45
Tsk, it's the same old script of rebounding during the day and being killed off at night. The bears really have patience.
The 2800 level is indeed worth bottom-fishing, but I'm just afraid of getting caught again after buying in. It depends on what the candlestick chart says.
"Take profit without greed" is a good saying, but unfortunately most people simply can't do it.
View OriginalReply0
EthMaximalist
· 2025-12-19 03:43
With such fierce bearishness, I still need to hold the 2800 level. If it drops further, I'll just cut losses without hesitation.
View OriginalReply0
AirdropLicker
· 2025-12-19 03:42
The evening market is plunging again; the bears are really fierce. This rhythm clearly shows repeated harvesting.
There's still a chance to gamble on the 2800 level. If it breaks, just accept the loss directly. Greed is not allowed.
View OriginalReply0
StableNomad
· 2025-12-19 03:35
honestly the "day pump, night dump" pattern is giving UST flashbacks... statistically speaking these dead crosses don't reverse overnight so yeah, grinding it out is the move. not financial advice but 2830-2800 is where i'd be watching the risk-reward ratio too
Recently, Ethereum has been fluctuating in a downward channel with a clear pattern—oscillating and rebounding during the day, then accelerating downward at night. Recently, after touching the upper resistance, it plunged sharply, then retested the lower support, and directly broke through the short-term lows. This indicates that the bears still have strong momentum, and the subsequent trend is likely to be a rebound followed by further selling. The daily chart shows a death cross, which will require time to gradually repair.
From a smaller timeframe perspective, there is a rebound demand when touching support. My approach is to continue looking for opportunities to go long in the 2830-2800 range, with target zones at 2930-2960 above. If a rebound profits are made, take profits and don’t be greedy. Currently, the market is quite volatile. If during the rebound a small timeframe shows signs of a top formation, I will consider closing long positions and switching to short. The specific operation will depend on real-time candlestick performance.