12.24 ETH Evening Trend Forecast and Analysis I. Core Market Signal Analysis 1. Key Support and Resistance Zones - Support Zone: 2910-2920 (with the intraday low at 2912.18 as the core), is the short-term extreme defense level for the bulls. This zone absorbs the bottom-fishing funds from panic sell-offs during the day. Holding this zone will cause the downward momentum to quickly weaken; 2930-2935 is a short-term technical support, serving as the central pivot point of the current consolidation. - Resistance Zone: 2940-2950 is the first rebound resistance in the evening, with multiple rejections at this level during the day; 2960-2970 is the second resistance zone (relay resistance during intraday pullbacks). Breaking through requires increased volume support; otherwise, it may trigger bearish selling pressure. 2. Volume and Momentum Judgment During the day, ETH quickly declined from 2976.48 to 2912.18, then rebounded to 2934.11, with trading volume continuously decreasing. This indicates that while bearish selling pressure has been somewhat released, the bullish counterattack lacks additional capital support. It is a weak recovery phase, with overall momentum leaning towards the bears. 3. Technical Pattern Features The hourly chart shows a “sharp decline + weak rebound” pattern, with small candlestick bodies and short upper shadows during the rebound, indicating that the bulls’ upward probing strength is very weak and no effective reversal signal has formed yet. II. Specific Evening Trend Forecast 1. Main Scenario: Weak Consolidation in the 2910-2950 Range ETH is expected to fluctuate within this range tonight. Due to the residual bearish momentum and the lack of bullish strength, the rebound to 2940-2950 will be met with resistance and likely pull back. When falling back to 2910-2920, technical buying support may emerge. Overall, the market will be weak and consolidative, unlikely to see a strong rebound. 2. - Downward Break: If selling pressure increases again, ETH may break below the 2910 support, further declining towards the 2900 mark, and possibly testing the 2880-2890 zone. - Upward Breakout: If a sudden influx of funds causes a volume breakout above 2940, it may attempt to test 2960-2970 in the short term, but lacking sustained momentum, it is likely to retreat after a quick rise. Recommendation: Short at 2970-2990, target 2920-2900 #2025Gate年度账单 #加密市场小幅回暖 #ETH走势分析

#跨链基础设施与互操作 I just saw that JPMorgan and Galaxy conducted a $50 million commercial paper transaction on Solana. I have to admit I was a bit confused at the time😅 $50 million was issued and settled on-chain like this? And it was still using USDC? After looking into it, I realized this seems to be an important collision between traditional finance and the on-chain world. JPMorgan chose to pilot on Solana, with major institutions like Coinbase and Franklin Templeton involved... What does this indicate? It suggests that this path might really be viable. What surprised me the most is that behind this is actually the role of cross-chain infrastructure—interoperability between different chains allows big institutions to dare to play like this. I’ve heard people talk about interoperability before, and now I finally have a sense of it; the true significance lies right here. However, I’m still a bit confused: why choose Solana instead of Ethereum? Is it because of faster speed and lower fees? Can someone explain this to me as a newbie? I feel that once I understand it thoroughly, my overall understanding of the ecosystem will be much clearer👀

Christmas and New Year’s double festival are approaching, and the cryptocurrency market seems to be in “hibernation.” On Tuesday, both Bitcoin and Ethereum spot ETFs in the US collectively “lost blood,” with Bitcoin spot ETF net outflows of $188.6 million, with BlackRock’s IBIT being the most affected; Ethereum spot ETF also saw net outflows of $95.5 million, a stark contrast to the previous day’s net inflow. $SOL $BNB $XRP Experts analyze that this is mainly due to year-end market mechanisms, with insufficient liquidity, portfolio rebalancing, and profit-taking being the main reasons. Tax-related selling also has an impact. However, not all crypto ETFs are under selling pressure; Ripple and Solana spot ETFs experienced capital inflows. Unlike the crypto market, the US stock market closed higher across the board on Tuesday, with the S&P 500 reaching a new high. The US stock market closed early on the 24th and will be closed for Christmas on the 25th. Market analysts believe that the reaction after the long holiday and economic indicators are the key factors, which will be important clues for observing the market trend in early 2026. The market is unpredictable, and the ocean is being redrawn. Are you going to continue surfing to seize opportunities, or just be a spectator? Like and share, and let’s explore the future direction of the crypto market together!