Ethereum quickly retreated from the high of 3308, and short-term momentum has clearly weakened. The good news is that the price found support around 3125-3140 and is currently attempting a rebound. This range was previously an important support level; if it holds, there is potential for further upside.



Currently in a short-term correction phase, there are opportunities for moderate long positions. If the rebound continues, the first resistance to watch is at 3175-3200. Breaking through this could lead to a push towards 3250+. Conversely, if the rebound weakens and falls below 3125, be cautious of support levels being broken consecutively. In this case, risk management should be planned in advance. The market moves like this, with support and resistance taking turns, and the key is to find the right rhythm.
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ContractBugHuntervip
· 01-08 18:22
Everyone is digging this pit at 3125; it all depends on whether they can hold their ground, or they'll just keep wandering in a daze.
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FromMinerToFarmervip
· 01-08 02:52
Once 3125 stabilizes, there will be a chance, but I still don't dare to chase high. I was cut once at 3250 before.
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TopBuyerBottomSellervip
· 01-08 02:52
The 3125 level can indeed hold, but I'm too timid to chase. --- If it rebounds to 3200, I have to sell. This wave isn't worth betting on. --- Feeling trapped again, when will this end? --- Support and resistance take turns? Easy to say, my stop-loss orders have already been smashed through. --- Holding steady at 3125 means there's hope? I said the same last time, and look what happened... --- I can't find the rhythm. Better to stay on the sidelines.
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BrokenDAOvip
· 01-08 02:51
Support and resistance take turns to play? I've heard this saying too many times. Every time, it's about finding the right rhythm, but most people's rhythm just gets them trapped. If 3125 could really stabilize, I would believe it, but history always proves otherwise.
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AirdropATMvip
· 01-08 02:51
Both falling and rising, whether the 3125 level can hold is the key.
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DoomCanistervip
· 01-08 02:39
Once 3125 stabilizes, there's hope. If the rebound is weak, we need to run. Don't be greedy.
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SignatureVerifiervip
· 01-08 02:33
technically speaking, this support hold at 3125-3140 requires further validation before i'd call it reliable... seen too many "critical levels" crumble to dust ngl. the resistance zones you mentioned lack sufficient historical auditing imo. kind of a textbook setup on surface but what's the actual attack vector here if momentum truly evaporates? 🤔 trust but verify, always.
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