2026-01-16 03:28:01

After this wave of Ethereum's rebound, it has been hovering around the key level, failing to hold the 3400 line, and even struggling to stabilize above 3350. As the weekend approaches, market activity has noticeably decreased, and there is no new capital influx to support the trend. The movement presents a familiar pattern—sharp rise in the early stage followed by a gradual pullback.

The pattern this weekend is very similar to last week. Against the backdrop of US core CPI data falling below expectations, risk assets are under pressure, and the crypto market is feeling the strain as well. Many analysts believe that sideways consolidation will be the main theme in the short term, and the risk of downward testing cannot be ignored.

From an operational perspective, opportunities to chase the rally are limited. It’s better to take advantage of the rebound high to position for shorts and wait for the next support level to be confirmed. Interestingly, MSCI’s recent attitude has softened, and it is not ruled out that digital asset-related listed companies may be included in the index system, leaving some room for imagination in the market. However, in the short term, this positive news may still take some time to be fully reflected in the price.

Stay cautious over the weekend and see how the market reacts on Monday.

ETH-5,29%

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WhaleSurfer

· 01-19 03:24

It's the same old trick again—once it rebounds, it can't avoid falling back. Let's see the real story on Monday.

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RunWhenCut

· 01-17 21:41

It's the familiar routine again. After rising for a few days, it starts to break down, and when liquidity loosens, it underperforms. Just watch the show over the weekend since there's nothing we can do anyway.

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SellTheBounce

· 01-16 03:58

Sell on rebound, that's the trading philosophy. If 3400 didn't hold, there's nothing more to say—buy back after it drops. Just wait until Monday, there will always be a lower point.

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HashRateHustler

· 01-16 03:57

It's the same trick again. When it can't hold at high levels, it starts telling stories.

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DataBartender

· 01-16 03:53

It's the same old trick. Every time there's a rebound, it likes to stall at key levels. We couldn't even hold 3350... There's really no funds left, and the weekend activity was so limited. The MSCI thing sounds pretty uncertain. There's potential for imagination, but if it actually materializes, who knows when that will happen. Let's see how it opens on Monday. This weekend, just lying low and observing.

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SerumSurfer

· 01-16 03:41

It's the same old story again, rebounding only to die at the key level, really annoying. The MSCI thing was hyped up too early; we need to wait until it actually happens before commenting. If it breaks 3300 on Monday, just go short directly, no more gambling.

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LiquiditySurfer

· 01-16 03:38

It's the same old trick again. The signs of a weakening rebound and a top are becoming increasingly obvious, and the liquidity has dried up like a dry martini. Let's see if we can short the market on Monday, but honestly, at this point, the decision depends on whether the liquidity depth is sufficient; otherwise, there's a risk of being bitten back. The MSCI positive news is quite awkward to have here. In the short term, it probably will keep pretending to be dead. We have to wait until traditional finance truly opens up its heart.

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StableCoinKaren

· 01-16 03:35

It's the same old story again: a rebound leads to a break, and a break leads to a plunge. How long can MSCI's limited imagination sustain? Honestly, it still depends on whether funds are willing to flow in.

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