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As of noon on January 10th, Ethereum is around $3080, with a 24-hour decline of approximately 1.21%, showing a weak and oscillating trend.
The market follows Bitcoin's rhythm, repeatedly testing the 3060-3150 range after the release of non-farm payroll data. Resistance above is concentrated around 3140-3150, which is a critical hurdle; the 3050-3070 zone has become the main battleground between bulls and bears.
Looking at the 4-hour chart, the rebound strength is clearly insufficient, and the sustainability is weak. Once the 3050 level is effectively broken, it is very likely to drop straight to 3000. Conversely, as long as it stays above 3140, there is a chance to initiate a new rebound.
Weekend trading usually has lower liquidity, making it prone to sudden spikes. Remember to keep positions light when trading derivatives. The most practical approach is to buy low and sell high within the 3050-3140 range, and cut losses immediately upon a breakout signal—don't be greedy.