Since the peak at 3403, the decline has been quite sharp—indicating that the bears have released a lot of energy. From the candlestick patterns, the MA7 line has been trending downward, clearly diverging from the MA30 and forming a bearish alignment. This short-term trend looks quite bleak.
After breaking the key support at 3300, the rebound strength was really weak. Attempts to rally back to the resistance zone around 3320 were pushed down, showing that the bulls clearly lack momentum. The lower low at 3272 is becoming increasingly dangerous and may test new lows. The current volume situation is also deteriorating—there's little follow-through from the bulls, confirming the ongoing downward oscillation.
From a technical perspective, $ETH remains relatively weak in the short term. The trading strategy is to consider short positions at high levels when opportunities arise:
Short Entry: Around 3340-3370, targeting the range of 3280-3200.
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DoomCanister
· 01-18 22:47
Shorts are really enjoying it; once 3300 breaks, the bulls will wither... It seems like the volume isn't following up; it's definitely going to continue probing lower.
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ReverseFOMOguy
· 01-18 13:15
The bearish momentum is so strong, once it breaks 3300, no one will support the market. The declining volume is a very obvious signal. The low point at 3272 really feels like it can't hold, and continuing to drop further is probably a high-probability event.
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GasFeeLover
· 01-17 12:43
Can't even hold 3300, the bulls are really out of luck... It's hard to say whether 3200 can hold if it drops further.
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FalseProfitProphet
· 01-16 02:31
3403 has not rebounded after falling; this bear market is really fierce, and the trading volume hasn't kept up. The bulls are really out of strength, aren't they?
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FreeRider
· 01-16 02:26
The short-term energy release is indeed fierce this wave. After breaking 3300, the bulls lost momentum... Watching the 3272 level becoming more and more uncertain, it feels like a bottom is really approaching.
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ImpermanentLossFan
· 01-16 02:21
After breaking 3300, the bulls really have no chance. With such poor volume, there's still plenty of room. See you at 3200.
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NeonCollector
· 01-16 02:18
The short squeeze this time is really fierce, breaking 3300 without hesitation... The bulls have little resistance, and it seems like 3272 might really not hold up.
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GasFeeNightmare
· 01-16 02:16
After breaking 3300, the bulls really have no strength left. This wave of bears is quite fierce, and it's strange that the trading volume is so sluggish without a breakout.
#美国核心物价涨幅不及市场预估 Morning Ethereum Price Analysis
Since the peak at 3403, the decline has been quite sharp—indicating that the bears have released a lot of energy. From the candlestick patterns, the MA7 line has been trending downward, clearly diverging from the MA30 and forming a bearish alignment. This short-term trend looks quite bleak.
After breaking the key support at 3300, the rebound strength was really weak. Attempts to rally back to the resistance zone around 3320 were pushed down, showing that the bulls clearly lack momentum. The lower low at 3272 is becoming increasingly dangerous and may test new lows. The current volume situation is also deteriorating—there's little follow-through from the bulls, confirming the ongoing downward oscillation.
From a technical perspective, $ETH remains relatively weak in the short term. The trading strategy is to consider short positions at high levels when opportunities arise:
Short Entry: Around 3340-3370, targeting the range of 3280-3200.