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#大户持仓动态 Ethereum Technical Analysis for December 19
$ETH's recent movement has been synchronized with $BTC, oscillating and consuming energy. Today's rebound's key is whether it can break through the high of 2997 left by yesterday's spike. If it doesn't break through, it can only be considered a technical rebound.
To continue breaking upward, the hourly chart must hold steady above 2925. As long as this level is maintained, the probability of further gains in the afternoon is relatively high. Conversely, if the 4-hour chart drops below 2880, we need to reconsider the possibility of a downward move—the path up is likely to be followed by a pullback.
In terms of trading strategy, if the hourly chart can effectively break through and stabilize above 2925, this would be a good entry point for long positions, with the target zone around 2970-3020.
$BTC $BNB