Current Price (as of January 9, 2026, 09:43): approximately $3,093, 24h change ≈ -2.5%, trading volume ≈ $23–24 B
Short-term Outlook: 1H and 4H indicators are bearish, but the daily MACD remains above the zero line; if it holds above $3,000, the rebound target is $3,200–3,258, otherwise it may retest $2,948
Leverage decreasing, price volatility may slow down
Options OI
$7.67 B
+1.33 %
Max Pain located at $3,100, attracting current price
24h Liquidation Total
$97.95 M
Longs account for 84 %
Long positions concentrated at $3,000–3,050, if broken or triggered, chain liquidations may occur
Analysis
Futures leverage continues to decline, indicating short-term sentiment turning cautious; but options open interest is concentrated near at-the-money, implying market expectations of range-bound oscillation.
Large long leverage is concentrated at $3,000–3,050, serving as a dividing line between bulls and bears; if it holds steady, short sellers may cover or push the price to test $3,138 / $3,186.
Overall funding rates are slightly positive, with long and short forces roughly balanced; combined with narrowing Bollinger Bands, a directional choice may be imminent in the short term.
(All data above is sourced from 2026-01-09 01:42 UTC and subsequent updates, converted to Beijing time.)
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January 9 | ETH Price Trend Analysis
Core Viewpoints
Derivatives Observation
Analysis
(All data above is sourced from 2026-01-09 01:42 UTC and subsequent updates, converted to Beijing time.)