12.26 Midday ETH Price Movement Forecast and Analysis

Based on the latest ETH market (current price 2957.00, intraday high 2994.00, low 2888.88), combined with market sentiment after BTC options expiration, we analyze the midday trend and develop clear swing strategies:

1. Core Market Signal Analysis

1. Key Support and Resistance
- Support: 2950-2955 as the short-term consolidation center support, the primary level to hold after intraday rebound; 2940-2945 as strong support, a level to test prior to a rebound in the 2920-2930 area if broken.
- Resistance: 2965-2970 as the first intraday rebound resistance, where the price faces pressure after a rebound; 2985-2990 (below the intraday high) as strong resistance, requiring increased volume to break through and clear profit-taking pressure.
2. Volume and Momentum Judgment
ETH surged violently from 2888.88 to 2994.00, with volume increasing during the rise and also during the pullback. After the bullish surge, profit-taking pressure is significant, indicating a short-term phase of “consolidation after rapid rise,” with no sustained bullish momentum expected midday.
3. Sentiment Linkage Impact
BTC options expiration resulted in sideways movement, making ETH unlikely to break out into an independent trend. Midday, ETH is likely to remain within a range along with BTC, with reduced pin risk but clear oscillation characteristics.

2. Midday Swing Strategies

1. Bullish Strategy
- Entry Conditions: ETH pulls back to the 2950-2955 range, showing volume-supported reversal candles (hammer, bullish engulfing).
- Stop Loss: Below 2940 to avoid support breakdown risk.
- Targets: First target 2965-2970; after breakthrough, look for 2985-2990-3050.
2. Bearish Strategy
- Entry Conditions: ETH rebounds to 2965-2970, showing volume-supported resistance candles (shooting star, bearish engulfing).
- Stop Loss: Above 2980 to prevent false breakouts.
- Targets: First target 2950-2955; if broken, look for 2940-2945.

3. Midday Trend Core Conclusion

ETH is highly likely to consolidate within the 2950-2970 range midday, affected by profit-taking after rapid intraday gains and BTC linkage. Resistance during upward moves and technical support during pullbacks are expected. If you’re unsure about entry timing, stay tuned! The captain monitors volume anomalies in real-time, providing precise buy/sell signals to help you confidently capture midday swing profits!