12.18 Strategy Analysis #ETH

The big coin rose and then fell last night, failing to maintain the breakthrough of the 90000 mark, currently falling to around 86200. The big coin shows a short-term bearish fluctuation, weakening on the hourly chart, with support on the 4-hour chart. The key is whether 86000 can be maintained; if broken, it may drop to 85000 USD or even lower. It has fallen below the 1-hour EMA moving average, with the Bollinger Bands narrowing downward, and the price running along the lower band, favoring bears.

The MACD double line is below the zero axis, with green bars continuing and no significant reduction in volume, indicating that bearish momentum has not diminished. The RSI is below 40, entering a weak zone, with no signs of oversold rebound. Support

85200 USD, resistance 86800 (1-hour MA30). The rebound is weak; be cautious in chasing long positions; if not entered, observe the market; if the rebound encounters resistance, a light short position can be taken.

The big coin's rebound is near 86500-87000, looking down to 85200-83000; the second coin's rebound is near 2870-2860, looking towards 2750-2700.