From the hourly chart, $ETH has been weakening continuously, but the resistance above is still present. Currently, it is oscillating around 3300. The short-term strategy is to short on rebounds.
Specifically, consider short positions in the 3330-3370 range, with the first target around 3200. $BTC and $ETH have strong correlation, so it is recommended to control risk exposure based on your position size. The rebound high points are key entry opportunities to watch, so there's no need to rush into action.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
14 Likes
Reward
14
8
Repost
Share
Comment
0/400
AmateurDAOWatcher
· 01-19 02:09
Short at 3330, see 3200. I bet Bitcoin will drop again today along with Ethereum.
View OriginalReply0
RektHunter
· 01-18 17:53
The 3330 level has been broken, just waiting for a rebound to smash it back down. This wave is very stable.
View OriginalReply0
LiquidatedNotStirred
· 01-18 11:18
3300 has been fluctuating repeatedly. Wait for the rebound before taking action, no need to rush.
View OriginalReply0
GhostInTheChain
· 01-16 03:47
Rebounding around 3300 is indeed difficult to handle; it's better to wait for a higher point to enter, as there's no rush anyway.
View OriginalReply0
BlockchainArchaeologist
· 01-16 03:45
3300 repeatedly dumped, is it really going to break 3200 this time?
---
Wait, if BTC doesn't fall, how low can ETH go? Seems a bit unrealistic.
---
Short on the rebound? Why do I feel like I hear this every week.
---
If entering a short at 3330, where should the stop loss be set, everyone?
---
Just wait patiently for the rebound to a high point, no need to rush.
---
Resistance is at 3370. This number looks so familiar. Wasn't it also stuck here last week?
View OriginalReply0
BearMarketNoodler
· 01-16 03:35
3300 has been fluctuating repeatedly. To put it simply, both bulls and bears are exhausted. Waiting for a rebound to enter the market is the smart move.
View OriginalReply0
ProxyCollector
· 01-16 03:34
This key level at 3300 keeps failing to break repeatedly. It seems I should wait for a rebound opportunity before taking action.
View OriginalReply0
GateUser-e87b21ee
· 01-16 03:26
3330 short positions are indeed tempting, but this rebound doesn't feel strong enough. Still need to observe a bit more.
#数字资产市场动态 Ethereum Trend Analysis
From the hourly chart, $ETH has been weakening continuously, but the resistance above is still present. Currently, it is oscillating around 3300. The short-term strategy is to short on rebounds.
Specifically, consider short positions in the 3330-3370 range, with the first target around 3200. $BTC and $ETH have strong correlation, so it is recommended to control risk exposure based on your position size. The rebound high points are key entry opportunities to watch, so there's no need to rush into action.