ETH 4-hour technical analysis: Price at a key level, MACD bullish traders warming up, KDJ golden cross pattern releasing signals

[Coin World] ETH has shown an interesting contrasting trend in the last 4 hours of Candlestick. Compared to the large bearish candle on 2025-12-23 12:00:00, the price has significantly rebounded in these hours; however, it is still lower compared to 2025-12-22 08:00:00. The last Candlestick has reversed the downward trend, turning into a bullish line, with the closing price rising above the opening price – this is a good signal.

The change in trading volume is quite interesting. In the last few hours, the trading volume has been increasing, but this time it is a combination of “price drop and volume increase”. At first glance, it looks like selling pressure is intensifying, but combined with the subsequent price rebound and the bullish line in the Candlestick, it seems more like a sign of bottom accumulation.

Let's take a look at the technical indicators. The MACD currently does not show a clear trend direction, but there is a key detail here: although the histogram continues to be negative, its width is gradually shortening. What does this indicate? The bearish strength is diminishing, and the bulls are quietly building momentum. The KDJ indicator is more direct - a golden cross has already formed, and the KDJ value is only 12, clearly within the oversold range, which is usually a rebound signal. Additionally, the MA10 value is greater than the MA30, and the short-term moving averages are also revealing bullish signs. At the timestamp of 2025-12-23 16:00:00, the overall trend still shows a downward movement, but the bottom support strength is increasing.

Based on these technical characteristics, the current trading reference is as follows:

Long Position: The first buy point is set at 2816.77. The second buy point is at 2928.89, which is a more aggressive layout point. If using a long strategy, the stop loss can be set at 2913.95.

Short Position: The first sell point is set at 3050.0, which is exactly the main resistance level recently. The second sell point is at 3082.51, which is a higher target. The corresponding short stop-loss point is 3067.85.

Key Position Reference: The current support level is at 2927.0, and the resistance level is at 3050.0. The highest point in the last 24 hours is 3052.59, and the lowest point is 2928.59. The price is currently fluctuating within this range, with a width of about 124 points.

Overall, ETH shows signs of bottom confirmation from a technical perspective. Signals released from multiple indicators resonating point towards a rebound correction, with the key price levels to watch in the short term being 2928.89 and 3050.0. However, traders must remember: technical indicators are a probability game, and strictly executing stop-loss orders is always the first lesson.