ETH is currently showing some weakness on the 1-hour chart, with the price clearly trending downward. The short-term moving averages have already turned downward, and the previous bullish momentum is dissipating. There is also some loosening of funds, with many liquidity products showing signs of capital withdrawal. Profit-taking at high levels is also beginning to exit, and these factors together have amplified the downward momentum. At the moment, it’s important to watch for the possibility of a volatile correction.
Short-term suggestion: Consider short positions in the range of 3430 to 3380, with the first target at 3330, followed by 3280 and 3230. Keep an eye on the correlation between #Strategy加仓BTC and ETH.
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SchrodingerProfit
· 16h ago
Well, the signs of fund withdrawal are quite obvious to me; the pullback is a bit sharp.
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MidnightTrader
· 01-15 14:28
Oh no, it's the same old story, the profit-taking players running away again.
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BearWhisperGod
· 01-15 14:26
Oh no, we're back to the same old scam, same old tricks.
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BearMarketBarber
· 01-15 14:23
Oh no, are they running away again? This pace feels off.
Market Observation for the Evening of January 15
ETH is currently showing some weakness on the 1-hour chart, with the price clearly trending downward. The short-term moving averages have already turned downward, and the previous bullish momentum is dissipating. There is also some loosening of funds, with many liquidity products showing signs of capital withdrawal. Profit-taking at high levels is also beginning to exit, and these factors together have amplified the downward momentum. At the moment, it’s important to watch for the possibility of a volatile correction.
Short-term suggestion: Consider short positions in the range of 3430 to 3380, with the first target at 3330, followed by 3280 and 3230. Keep an eye on the correlation between #Strategy加仓BTC and ETH.