2026-01-09 05:33:00

From a technical perspective, Ethereum currently exhibits a clear bearish pattern. The daily chart has closed with three consecutive bearish candles breaking through support levels, and the lower shadows can be seen as the last struggle of the bulls—what does this trend pattern imply? The bears have already gained absolute control.

Switching to the 4-hour timeframe provides a clearer view. Each rebound attempt is met with rejection at the midline, with each surge being suppressed, and the bulls are unable to organize a decent counterattack. The strength of this technical rebound is clearly insufficient, making it difficult to form an effective reversal.

Based on the current technical formation, the bearish outlook is the main direction. Specifically, the 3150-3180 zone is a key resistance level to watch. As long as the price encounters resistance in this area, it may be considered to establish short positions, with stop-losses set safely above the midline.

The target levels are viewed in stages: first, focus on the 3050-3000 zone. If this level is broken, additional positions can be considered. If the bearish momentum is fully released, the 2920 integer level is also within sight. This staged approach helps control risk while maximizing the potential for capturing downward movement.

Market opportunities are fleeting; continuously monitoring market changes and adjusting strategies flexibly is crucial.

ETH2,37%

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NFTHoarder

· 01-12 04:56

The bears are so fierce, if it can't break 3150, it feels like it will continue to fall.

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GamefiEscapeArtist

· 01-10 09:33

It's the same bearish logic again, always claiming to be correct, but in reality, it still depends on the market's mood. ETH is indeed weak this time, but can it break through the 3000-3050 level? It doesn't seem that simple. 2920? Are you dreaming or serious? I just want to see if I can hold on to the bottom.

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SingleForYears

· 01-10 07:38

Here we go again, the bears are really fierce this time ETH's momentum looks a bit weak, every rebound gets suppressed Enter short at 3150? Seems like we should wait a bit longer, afraid that brothers trying to bottom out get trapped

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AlwaysMissingTops

· 01-09 06:03

The bearish pattern is indeed obvious, but I've heard this kind of analysis too many times... How many of us actually make money from it? It's the same story of a rebound cooling off and bulls losing strength. When the price reverses and hits stop-loss, it's still us retail investors getting stopped out. We really need to break the 3000 level to consider it worth watching; anything said now is too early. According to this logic, shorting has a nine out of ten chance of being blown out... Let's wait for a pullback before making any moves. This lower shadow is the last dignity of the bulls. It looks a bit pitiful, haha. They say to control risk and maximize returns every day, but the risk is always greater than expected, right? The bearish approach isn't wrong, but I'm just worried it will end with perfect technicals and being hammered in real trading. The mid-line resistance usually signals the start of a trap to lure in shorts... I don't believe it. Setting stop-loss so tight, getting swept a few times and you'll run out of bullets.

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tokenomics_truther

· 01-09 06:02

Is this the same old bearish rhetoric again? And every time, what's the result? Are you placing orders at 3150-3180 just to wait for me to cut losses? Wake up, buddy. Is this rebound not strong enough? I think your orders are the ones lacking strength. 2920? Are you dreaming or misreading the candlestick?

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CommunityWorker

· 01-09 06:02

Are you kidding me? Repeatedly tugging back and forth between 3150-3180? The support level mentioned yesterday was broken today.

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MagicBean

· 01-09 05:51

The short squeeze this time is really intense. It feels like we can't hold the 3150 level.

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MondayYoloFridayCry

· 01-09 05:46

Here comes the bearish rhetoric again... Every time it's the same saying, and what’s the result? It's the same old story, rebound suppression, rebound suppression. I just want to ask when the bulls will turn around. I'm tired of hearing about the 3150 resistance level; this broken level has been discussed to death. It's really just about adding positions in stages. It sounds like low risk, but it's actually just a gamble, a all-in bet.

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gas_guzzler