Market Observation: ETH is trapped within a narrow range of 3052-3300 on the 1-hour chart, repeatedly oscillating. More importantly, the current price is firmly below the middle Bollinger Band, with the upper and lower bands converging, which often indicates that volatility is about to expand and a trend direction is imminent.
Caution is advised regarding the indicator signals. The blue MACD line is rising below the zero line and is about to cross above the yellow line, but this appears more like a rebound in a downtrend—lacking strength and momentum. Looking at the volume data, the volume during the rebound phase has significantly decreased, and such a "volume-less rebound" is a classic warning sign in technical analysis.
Pattern confirms a weak market structure. The price has been declining steadily from 3300, and even the middle Bollinger Band cannot be held during the rebound, indicating a clear dominance of the bears. In this context, the trading strategy becomes clear—an upward rebound may present a good entry point.
Specific execution plan: ・Consider partial positions on a pullback to the 3155-3165 range, which serves as a previous minor support level and is close to the middle band resistance, offering a relatively balanced risk-reward ratio ・Stop-loss must be strictly placed above 3205; a break above this level indicates the short-term downtrend has been invalidated, and immediate stop-loss should be executed ・Initial target around 3080 (near previous lows), with further downside looking toward 3050
The current market is in a phase dominated by bears with weak rebounds. Do not try to guess the bottom; patience and waiting for the rebound momentum to exhaust is the key to success. Strictly adhere to trading discipline, manage risks properly, and let the market validate the strategy.
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MEVictim
· 01-11 00:06
Another endless rebound. I've seen this trick too many times. Anyway, I'll wait until the 3080.
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GateUser-40edb63b
· 01-09 05:48
The rebound trick is old news; it still depends on the market sentiment. I need to observe the 3155 level carefully.
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MEVVictimAlliance
· 01-09 05:46
Another massive rebound, I've seen this routine many times, and the bears are sharpening their knives.
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The Bollinger Bands can't even hold steady, and you still want a rebound? Wake up, everyone.
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Entering at 3155 and waiting to get cut, I might as well just watch.
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The biggest fear of a volume-less rebound is this: once the volume comes in, it's game over.
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Feels like this wave still has to go down, a rebound is just an opportunity to run away.
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The 3205 line must hold; if it breaks, accept the loss—no negotiations.
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Trying to fool people into buying the dip again? I've learned to be smarter, brother.
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I don't believe in this MACD golden cross; it's clearly just a fleeting glow.
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Let's wait until 3080, don't rush to enter; time cost is also a cost.
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This consolidation is just too uncomfortable, when will we choose a direction?
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SchrodingerAirdrop
· 01-09 05:26
The VOLUME rebound is just a trap. I've seen this routine many times. Those waiting to buy the dip will end up taking a loss.
#密码资产动态追踪 Ethereum Short-term Pressure Reemerges, Technical Signals Issue Warning
Market Observation: ETH is trapped within a narrow range of 3052-3300 on the 1-hour chart, repeatedly oscillating. More importantly, the current price is firmly below the middle Bollinger Band, with the upper and lower bands converging, which often indicates that volatility is about to expand and a trend direction is imminent.
Caution is advised regarding the indicator signals. The blue MACD line is rising below the zero line and is about to cross above the yellow line, but this appears more like a rebound in a downtrend—lacking strength and momentum. Looking at the volume data, the volume during the rebound phase has significantly decreased, and such a "volume-less rebound" is a classic warning sign in technical analysis.
Pattern confirms a weak market structure. The price has been declining steadily from 3300, and even the middle Bollinger Band cannot be held during the rebound, indicating a clear dominance of the bears. In this context, the trading strategy becomes clear—an upward rebound may present a good entry point.
Specific execution plan:
・Consider partial positions on a pullback to the 3155-3165 range, which serves as a previous minor support level and is close to the middle band resistance, offering a relatively balanced risk-reward ratio
・Stop-loss must be strictly placed above 3205; a break above this level indicates the short-term downtrend has been invalidated, and immediate stop-loss should be executed
・Initial target around 3080 (near previous lows), with further downside looking toward 3050
The current market is in a phase dominated by bears with weak rebounds. Do not try to guess the bottom; patience and waiting for the rebound momentum to exhaust is the key to success. Strictly adhere to trading discipline, manage risks properly, and let the market validate the strategy.