2026-01-09 04:23:01

January 9th Midday Market Update: ETH Intraday Trading Opportunities Overview.

After the release of domestic CPI data in the morning, the market experienced a gap movement, but there was no effective volume breakout or downward confirmation. Last night, the US stock market also opened with a pullback, maintaining a broad-range consolidation pattern overall. ETH rebounded from below 3050, and multiple data releases are upcoming tonight, which are expected to trigger significant volatility. Today may break the consolidation deadlock, so risk management is essential.

From the 4-hour timeframe, signs of volume shrinking are already visible. It is recommended to wait for a volume increase signal on the weekly chart before entering at support levels below.

**Price Level Layout Reference**:
Resistance is concentrated around 3200-3250, support is at 3050-3000.

Bearish Strategy (Entry at 3250-3280): Stop loss at 3300, target 3180-3150. If it breaks below 3150, look further down to 3100-3080.

Bullish Strategy (Entry at 3030-3050): Stop loss at 3000, target near 3150-3200. Consider opening a small position around 3050 and adding to the position at 3030 (about 1%).

Recommend light positions, controlling opening size at 2%-5% of the account, and layout rationally.

*This article is for personal opinion sharing only and does not constitute investment advice.*

ETH-0.77%

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ForumMiningMaster

· 01-09 04:50

Wait, another fluctuation? This consolidation has lasted long enough. It still depends on how the evening data will surge; the 3050 level is indeed quite interesting.

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GateUser-addcaaf7

· 01-09 04:48

It's another fluctuation, so annoying... Let's wait for a volume signal.

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BearMarketBard

· 01-09 04:47

It's another volatile period, really exhausting to wait. Whether 3050 can hold is the key, now it all depends on whether the data will explode or not. Keeping a small position is the right approach, I've learned to be smarter. Breaking 3200 in this wave would be good, don't overthink it. Trading volume has shrunk, how can there be a big trend? Let's wait and see, there's no need to rush into buying. Wait for the data to come out, whoever takes the first move will be the first to lose. That gap at 3030 looks tempting, but I'm still observing. Time to manage risk again, trading is really annoying. I wish I hadn't looked at the market, the more I watch, the more chaotic it gets.

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OnlyOnMainnet