December 18 Early Morning ETH Price Trend Forecast and Analysis

From the early morning candlestick chart, ETH shows a narrow fluctuation pattern after a sharp intraday decline and bottoming out, followed by a rebound correction.
First resistance: 2875-2880 (intraday rebound resistance level)
Second resistance: 2890-2900 (previous oscillation lower boundary + short-term resistance)
Strong resistance: 2920 (key dividing point of the previous oscillation platform)
First support: 2850-2855 (lower boundary of the current oscillation center)
Second support: 2832.67 (intraday low)
Strong support: 2800 (psychological level + sentiment support level)

If the price stabilizes above 2865 in the early morning and breaks through 2880 with increased volume, the correction trend will continue, aiming to reach the 2890-2925 range.
If the 2850-2855 range is broken and the support at 2832.67 is breached, the price will revert to a weak downward trend, with the first target at 2830-2800. If broken, it may drop further to 2780.

Trading Suggestions:
Bullish Strategy: Stabilize in the 2845-2855 range (with MACD golden cross + moderate volume increase), go long with a small position, targeting 2865-2870-2880. If it breaks through 2880 and remains stable, it can aim for 2890-2925.

Bearish Strategy: Face resistance in the 2870-2875 range (with RSI overbought + divergence signals), go short with a small position, targeting 2855-2845-2835. If it continues to break below 2832.67, look further down to 2830-2800.