#美联储重启降息步伐 Midday Trend Overview on December 5 $ETH

Ethereum's current price is hovering around 3162, with a slight intraday increase of nearly 1%. In the early session, it tested the 3150 level, confirmed support was effective, and then saw a small rebound. It’s now holding above 3160 and consolidating slowly. The overall rhythm is bottom-testing and stabilizing, with weak recovery; the next move is still brewing. Bullish capital is starting to flow back in, but there is still considerable selling pressure above, and the market remains in wait-and-see mode.

Key levels to watch:
The Bollinger Bands are now at 3238 (upper), 3170 (middle), and 3108 (lower), with the bands slightly narrowing, indicating volatility is cooling off. The candlesticks are probing below the middle band repeatedly; short-term support is holding for now but hasn’t formed an effective breakout yet. If it can reclaim 3175, then the rebound space will open up significantly.

On the MACD, DIF is at 5.6, DEA at 6.1, and the MACD bar is -1.07, with the green bar shortening. After the death cross, bearish strength is waning and downward momentum is almost exhausted. If this consolidation continues, a bullish divergence might appear on the short-term cycle.

Trading strategy reference:
For a bullish view, you can set up around the 3135-3150 support zone, targeting 3200-3220, with a stop loss below 3115—exit if it breaks.
For a bearish view, wait for a rebound to the 3225-3245 resistance zone, then consider shorting, targeting 3175-3150, with a stop loss above 3265—exit if it breaks.

Ethereum’s short-term structure is still healthy. The 3150 support has been validated and held, and the MACD also shows signs of stabilizing. Rebound momentum is still present, but the overall rhythm is still consolidation and recovery. It’s recommended to continue with a “buy low, sell high” range-trading strategy, and wait for a clear breakout signal with volume before deciding on a mid-term direction.

ETH is holding 3150 and rebounding in a consolidation pattern; the market is slightly strong and favors buying on dips, with defensive shorting at higher levels.

Currently holding spot $BTC and $SOL