#以太坊行情技术解读 December 17 BTC Midday Technical Analysis
Today’s market pattern remains the same old routine—resistance on rebounds, support on declines. Let’s analyze this wave of行情 step by step.
**Technical Perspective**
The daily chart is still within the downward channel since October’s high, with all moving averages in a bearish alignment, and the price firmly below EMA7/EMA30/EMA120. The weekly decline trend remains unchanged. However, recently, the 4-hour chart shows consecutive long lower shadows, and RSI has moved out of the oversold zone, indicating a short-term correction is indeed need