2025-12-25 02:27:35

Ethereum's recent performance hasn't been very impressive, with its bearish characteristics consistently evident. Since breaking below 3050, the price hasn't had much breathing room, and even rebounds seem weak and feeble. Bulls attempted to rally several times at key levels but couldn't hold, indicating the market still leans towards pessimism.

From the technical perspective, Ethereum's decline structure is quite complete, with each rebound providing a good opportunity for bears to attack, and no substantial rebound has formed. As long as it cannot regain the 3000 level, this weak pattern will remain unchanged. In this context, the most reliable strategy is to short on rebounds.

With the US stock market closed these days, volatility is also limited, making short-term trading relatively straightforward. The plan is to short Ethereum within the 2970-3000 range, targeting around 2900.

ETH-0.4%

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LadderToolGuy

· 8h ago

Ethereum's recent move indeed couldn't push it up; after the 3050 drop, there was no response. The bears are controlling the market too aggressively.

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MoonlightGamer

· 8h ago

Ethereum this wave is really dull, the rebound is like an electrocardiogram, with no vitality at all. The bears are really fierce, always targeting at critical points, and the bulls can't hold up at all. 2900? I actually want to see if it can hold, but it feels like we need to keep testing.

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BlockchainBrokenPromise

· 8h ago

Ether's recent move indeed isn't impressive; a rebound would be suicidal, as the bears are comfortably dominating.

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PretendingToReadDocs

· 8h ago

Damn it, it's the same old rebound and death rhythm. It's getting on my nerves.

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SelfCustodyIssues

· 8h ago

Hi, is this the same rebound shorting strategy again? Looking at the 2970-3000 range, it feels a bit shaky, and it seems the bulls are really out of steam this time. The bears are indeed in the lead, but I still think the 3000 level is too critical; if it breaks, it's game over. If this wave can really drop to 2900, that would be a pretty good bottom-fishing point, right? The US stock market has been feeling like it's just grinding sideways these past two days, not much meaning. When will Ethereum bounce back from this bearish state? Waiting is so annoying. The logic of shorting on rebounds isn't wrong, but I'm just worried another unexpected move might reverse and smash it down again. After breaking 3050, it hasn't been able to catch a breath, which does feel a bit oppressive. The bulls' attempts to push up have all been suppressed, and the overall pattern hasn't changed. Whether 2900 can hold is the key, and it feels more tense than shorting.

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