Published: 24 December 2025,01:35
Chart The Market
ETH, H4:
Ethereum continues to trade within a weakened and fragmented technical structure on the chart, following a prolonged distribution phase and repeated failures to sustain upside momentum. After rejecting decisively from the 3,345–3,520 resistance zone, ETH has transitioned into a broad sideways-to-bearish consolidation, characterized by lower highs and an inability to reclaim prior value areas.Price action suggests balance turning fragile. The market has shifted from impulsive advances to range-bound churn, indicating uncertainty and waning bullish conviction.
Momentum indicators confirm this loss of directional strength. The RSI is hovering around 46, failing to reclaim the neutral 50 level, which reflects subdued momentum and an absence of sustained buying pressure. Meanwhile, the MACD remains below the zero line, with a flattening histogram that signals weak, inconsistent momentum rather than a bullish reversal. The lack of a clear bullish crossover reinforces the view that any short-term rebounds remain corrective.
Overall, ETH remains technically vulnerable on the chart. The convergence of range-bound price action below key resistance, declining momentum, and repeated rejection from former support zones points to a market still in consolidation-with-downside-risk mode.
Resistance Levels: 3050.00, 3180.00
Support Levels: 2930.00, 2780.00
USOIL, H4
Crude oil remains structurally fragile on the chart despite the recent rebound from the 55.00–56.00 demand zone. The broader technical picture continues to reflect a corrective environment following the failure to sustain prices above the 60.50–62.30 resistance band, which has repeatedly capped upside attempts and reinforced the dominant supply presence.
From a structural standpoint, price remains below a well-defined descending trendline, confirming that the prevailing medium-term bias is still bearish. The prior recovery attempt unfolded within a rising corrective channel, which ultimately resolved lower as a classic bear-flag formation. The subsequent breakdown from that channel accelerated selling pressure and drove price into fresh range lows, validating the corrective move as a continuation of the broader downtrend rather than a base for trend reversal.
Momentum indicators suggest short-term relief but do not yet confirm a trend shift. The RSI has rebounded into the mid-60s, reflecting improving momentum after deeply oversold conditions, but remains below levels typically associated with sustained bullish continuation. Meanwhile, the MACD has turned positive with a rising histogram, indicating recovering upside momentum; however, this remains consistent with a corrective rebound within a larger downtrend rather than a confirmed bullish reversal.
Resistance Levels: 60.50, 62.30
Support Levels: 56.80, 55.10
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