🎉 Share Your 2025 Year-End Summary & Win $10,000 Sharing Rewards!
Reflect on your year with Gate and share your report on Square for a chance to win $10,000!
👇 How to Join:
1️⃣ Click to check your Year-End Summary: https://www.gate.com/competition/your-year-in-review-2025
2️⃣ After viewing, share it on social media or Gate Square using the "Share" button
3️⃣ Invite friends to like, comment, and share. More interactions, higher chances of winning!
🎁 Generous Prizes:
1️⃣ Daily Lucky Winner: 1 winner per day gets $30 GT, a branded hoodie, and a Gate × Red Bull tumbler
2️⃣ Lucky Share Draw: 10
I recently came across a piece of news that has attracted a lot of attention—major institutions started adjusting ETF positions and reducing risk exposure on Christmas Eve. This signal is definitely worth paying attention to.
From a technical perspective, ETH is currently trading around $2921.27, in a consolidation and buildup phase. The RSI indicator shows 49.1, indicating that the bulls and bears are still battling. The support level is at $2862.84, with resistance above at $2979.70, and a key breakout point set at $2965.09.
Market sentiment is indeed a bit tense. What does it mean when large institutions are reducing their positions? Risk management. At this point, retail investors might need to be cautious.
Following this logic to develop a trading strategy: first, keep a light position. With the market so volatile, adding leverage recklessly is too risky. If the price can stabilize above $2965.09, consider gradually positioning with a target above $3000. Conversely, if the price breaks below the support at $2862.84, cut losses decisively. Capital safety always comes first.
The key support and resistance levels from a technical standpoint are here; the rest depends on how the market unfolds. There are opportunities in the market, but no need to rush—calm analysis is the key.