January 6th ETH Key Conclusions: Clear bullish trend on the daily chart, short-term overbought correction needed, mainly look for dips to add long positions, volume breakout for light chasing, strictly control stop-loss and avoid blindly shorting.



1. Market Overview and Indicators (January 6th, 14:30)

- Price: Highest 3266, currently around 3225, consecutive daily green candles, 5/10-day moving averages are golden cross upward
- Key Indicators: Daily RSI around 67, slightly strong; 4-hour/hour RSI near 80 overbought, MACD bullish but red histogram shrinking, short-term correction risk rising
- Funds and Sentiment: Extreme greed in the fear and greed index, spot ETF continues to see net inflows, institutional buying support is strong

2. Key Price Levels (USD)

- Support: 3200 (immediate), 3180-3200 (trendline/retest level), 3130-3150 (yesterday’s low/strong support), 3100 (psychological round number)
- Resistance: 3250-3260 (intraday high/selling pressure), 3280-3300 (area of heavy trapped positions), 3350 (former high turned resistance)

3. Technical Patterns and Volume

- Daily: Breakout of 3120-3160 consolidation zone, moving averages are bullish, upward trend is clear
- 4-hour: Price surged then pulled back, MACD red histogram shrinks, bullish momentum weakens, needs consolidation
- Volume: Intraday volume shrank with oscillation, a breakout above 3280 requires volume confirmation, otherwise prone to quick pullback

4. Trading Strategy (Gradual positioning, risk control prioritized)

1. No Position
- Dip Buying: Stabilize around 3180-3200 with light long positions, stop-loss below 3130, target 3250-3280
- Breakout Long: Volume breakout above 3280 (stand firm) for small long positions, stop-loss at 3250, target 3350
- Avoid chasing highs, wait for dips or confirmed breakouts before acting

2. Position Management
- Longs: Move stop-loss up to 3200, take partial profits at 3250-3280 to lock gains
- Shorts: Only attempt very light short positions if 3280 cannot be broken after prolonged effort and volume drops, stop-loss at 3300, target 3200, quick in and out, avoid holding positions too long

3. Risk Control Rules
- Total position ≤30%, single trade ≤10%; strict stop-loss, avoid holding losing positions
- Watch volume during 3280 breakout and strong support at 3130, adjust strategy if breakdown occurs

5. Risk Reminder

- Short-term overbought conditions may trigger technical correction in the 3200-3180 zone, stabilization of the correction is a good entry point
- Be alert to Bitcoin volatility transmission and sudden regulatory news; reduce positions and observe during heightened volatility
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NingxiFourvip
· 01-07 01:49
New Year Wealth Explosion 🤑
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