Gate 2025 Year-End Community Gala. As of 15:50 on January 10, 2026, Ethereum is quoted around $3,080, with a 24-hour decline of approximately 2.16%. The overall trend is in a weak consolidation phase with oscillations, and the bulls and bears are focusing on key price levels. The following analysis is from different perspectives:

1. Short-term Technicals (1-7 days)

• Key Support: $3,050-$3,000, with $3,000 being an important psychological barrier for bulls. If it loses this level or dips below $2,930, the trend may weaken further.

• Key Resistance: $3,120-$3,150. A breakout here could target $3,200-$3,300. $3,300 is a medium-term strong resistance; a volume breakout is needed to open upward space.

• Indicator Signals: The 4-hour chart shows momentum slightly weakening, RSI is neutral to bearish, MACD histogram shortens, indicating a high probability of short-term consolidation.

2. Mid-term Trend (1-3 months)

• Positive Factors: Staking volume continues to grow, strong willingness to lock in positions, limited selling pressure; Layer2 ecosystem expansion enhances network value; institutional funds are entering, supporting long-term demand.

• Risks: Coinbase's negative premium indicates insufficient demand from US institutions, constraining breakout momentum; strong correlation with Bitcoin means if Bitcoin weakens, Ethereum is likely to be dragged down; Federal Reserve policy changes affect liquidity.

• Core Judgment: The mid-term remains in a consolidation upward channel, but a breakout above $3,300 is needed to confirm the trend; otherwise, expect range-bound fluctuations.

3. Long-term Value (6-12 months)

• Fundamental Support: Ethereum network upgrades continue to advance, improving performance and security; RWA tokenization brings new volume; Ethereum's advantage as a core public chain is significant; staking economic models are mature, enhancing network stability.

• Potential Catalysts: Progress on ETFs, large-scale institutional inflows, macro liquidity easing, all may push prices above previous highs of $3,440, challenging the $3,800-$4,000 range.

4. Trading Recommendations

• Short-term: Range trading, buy low at $3,050-$3,080, sell high at $3,120-$3,150, with strict stop-loss (exit if below $3,000).

• Mid-term: Be patient for breakout signals, add positions after volume breakout above $3,300, target $3,500; if it falls below $2,930, reduce holdings and observe.

• Long-term: Accumulate on dips, mainly hold, and monitor network upgrades and RWA development.

5. Risk Warning

• Cryptocurrency markets are highly volatile, influenced by macro data, regulatory policies, market sentiment, etc. The above analysis is for informational purposes only and does not constitute investment advice.

• Be cautious of leverage trading risks, control positions reasonably, and avoid chasing rallies or panic selling.