2025-12-25 21:22:09

Ethereum is currently facing the critical resistance level of 2940 on the 4-hour chart. From a technical perspective, if the price can hold steady at this level when the 4-hour candle closes, the subsequent rebound is likely to continue, and we can focus on the target of the 3000 integer level.

However, trading is always two-sided. Once ETH rebounds to those target areas, it’s time to watch for short-selling opportunities, as the risk of a pullback from high levels is also significant.

Conversely, if the price falls back below the 2940 support, the next target will be 2880. If a volume-driven breakdown occurs, it may continue to decline toward the strong daily support at 2800. In summary, these key levels are worth close attention.

ETH-0.84%

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SeeYouInFourYears

· 3h ago

Whether 2940 breaks or not will be clear in these few days. I bet 3000 can hold.

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LiquidityOracle

· 3h ago

At this checkpoint 2940, I feel like I need to take another look. Last time, I also got stuck here.

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GhostWalletSleuth

· 4h ago

This level at 2940 isn't that easy. Last time, it took a long time to break through, so let's see if it can stabilize this time.

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Layer2Observer

· 4h ago

2940 is not actually that sacred a level; the key is how trading volume cooperates... To be honest, every time we emphasize the integer threshold, it’s easier to get trapped. What do the data say? Hmm, should we guard against a rebound to 3000? That logic is a bit too textbook; the actual market isn’t that obedient. I’m observing these levels, but I’m more interested in how strong the breakdown power of the 4h K-line itself is. If 2800 really drops, it depends on how on-chain data performs; just looking at the chart alone can be misleading.

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CexIsBad

· 4h ago

2940 this level will be tested again, only if it stabilizes can we confidently rebound to 3000, otherwise we have to look lower. --- ETH's recent market movement is a bit complicated, stay long if it holds steady, be cautious if it drops below 2800, it still feels safer to wait and see. --- Repeatedly struggling at these levels, in my opinion, there's no clear direction, wait for a definitive signal before taking action. --- Short position setup opportunity? Bro, are you trying to catch the top? It's actually easier to get trapped around 2940. --- It's always the same story, 2940, 3000, 2880, but ultimately, it depends on the trading volume to tell the real story. --- This analyst is quite cautious, mentioning both sides, but it feels like there's no real insight. --- If it really breaks down with high volume, I'll just cut my losses directly, I don't want to gamble on daily support levels.

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