Recently, the trend of Ethereum has sparked quite a bit of discussion, with several key technical points worth noting.
**Core Support and Resistance Levels**
Looking downward, the $3050-$3080 range is an important defense line. If it is effectively broken, the price may accelerate downward toward the $2900-$3000 area. Looking upward, the $3180-$3220 range forms a strong resistance. Once broken, there is potential to surge toward $3300-$3350; otherwise, a pullback may occur.
**Bearish Perspective**
From a technical standpoint, the MACD has shown a death cross signal, coupled with significantly increased trading volume during the decline. Additionally, Bitcoin has not yet stabilized above the 90,000 mark, leading many to believe that short-term risks are relatively high. Short positions in the $3180-$3210 region could target $3000-$2900.
**Bullish Opportunities**
On the other hand, if Ethereum can hold steady after retesting the support at $3050-$3080, the probability of a rebound remains. Some analyses suggest that Ethereum may show independent strength; once it breaks through the upper resistance, the $3600-$4000 range could be reconsidered.
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BrokenDAO
· 01-11 02:36
Basically, it's about betting whether BTC can stay stable. ETH's technical fundamentals don't really have a say... Isn't this just like the DAO situation last year? On the surface, independent and autonomous, but in reality still constrained by the ecosystem's big brother. When the game balance breaks, everyone has to kneel.
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MemeKingNFT
· 01-10 06:00
If 3050 breaks below, I will go all-in on short positions directly. This time I don't believe in a rebound anymore.
Dead cross and still talking about opportunities? That's just a trick to fool the leeks.
Bitcoin can't even hold steady, and you're telling me Ethereum is independently strong? Wake up, everyone.
Waiting for 3000 to buy in; those currently taking the bait are all fools.
MACD dead cross with increased volume downward; this signal couldn't be clearer... Honestly, I was cut in the NFT market by this trick before.
4000? Haha, I should have run at 3800. Now you're coming again?
To be honest, support levels are just psychological comfort; with market sentiment like this, do you still want to bottom fish?
With such obvious bearish signals, why are some still calling for a rally? I think they just want to catch others' bottoms.
To those going all-in on short positions, do you think 3000 has support? Listen to the on-chain data.
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ImpermanentPhobia
· 01-10 05:55
Talking about technical analysis again. To be honest, my mind is a bit tired, but I am indeed a little concerned about the 3050-3080 support level.
It seems the bears want to test 2900, but it feels like Bitcoin hasn't stabilized yet. Can Ethereum still rise? It's a bit mysterious.
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StableGeniusDegen
· 01-10 05:48
It's the same old story... If 3050 can't hold, I would really panic, but I want to see when BTC can stabilize at 90,000, that's the real key.
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SingleForYears
· 01-10 05:42
Still hoping for a rebound after a death cross? Wait until Bitcoin holds above 90,000 first. Right now, short positions are the way to go.
Recently, the trend of Ethereum has sparked quite a bit of discussion, with several key technical points worth noting.
**Core Support and Resistance Levels**
Looking downward, the $3050-$3080 range is an important defense line. If it is effectively broken, the price may accelerate downward toward the $2900-$3000 area. Looking upward, the $3180-$3220 range forms a strong resistance. Once broken, there is potential to surge toward $3300-$3350; otherwise, a pullback may occur.
**Bearish Perspective**
From a technical standpoint, the MACD has shown a death cross signal, coupled with significantly increased trading volume during the decline. Additionally, Bitcoin has not yet stabilized above the 90,000 mark, leading many to believe that short-term risks are relatively high. Short positions in the $3180-$3210 region could target $3000-$2900.
**Bullish Opportunities**
On the other hand, if Ethereum can hold steady after retesting the support at $3050-$3080, the probability of a rebound remains. Some analyses suggest that Ethereum may show independent strength; once it breaks through the upper resistance, the $3600-$4000 range could be reconsidered.