#比特币2026年行情展望 Ethereum Market Review|How to View the Current Situation?



The high point around 3403 was followed by a fairly complete rally to the top and subsequent pullback. Now, after several rebounds, it hasn't stabilized, and the entire market is moving downward. The break of the previous consolidation zone around 3281 indicates that, in the short term, the bearish trend dominates. This isn't a simple correction; it's a genuine weak phase.

How to view the top: Multiple attempts to break above 3400 failed, with long upper shadows densely packed, clearly indicating a distribution phase. The decline has been steady, with rebounds being very small, and the bears are firmly suppressing the market. Each rebound high point is moving lower (3340→3320→3305), a typical weak rebound pattern.

Support levels:
The 3270–3255 zone is the short-term critical support. The two recent dips occurred near this area; holding it means there's still hope, but breaking below would mean the bears continue to dominate, with more room downward.
The 3220–3200 zone is a structural support line. It was the starting point of the previous breakout; if broken, the short-term cycle accelerates downward, so caution is advised.

Resistance levels:
3310–3330 is the first hurdle for rebounds. It has failed several times before, with dense trading activity, and stability here remains elusive.
3360–3385 is even more critical. It marks the upper boundary of the downtrend channel, with a dense distribution zone of supply ahead. Only if it stabilizes above this level can the short-term trend potentially reverse.

Two key risks: First, if the 3250 level breaks and cannot recover, the downtrend will continue, and support levels at 3220, 3200, and 3150 should be watched closely. Second, if the 3360 level is broken and holds, the bearish structure is broken, and the market may return above 3400.

The current main tone is clear — a correction phase after a high-level rally, chasing longs is courting death. Position management in futures is crucial; the priority should be to short on rebounds rather than go long. Instead of guessing the direction blindly, let the structure speak for itself—that's the right approach.
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TokenTherapistvip
· 01-19 02:09
Here comes the same old trick to cut leeks again. Repeated failures at 3400 are just signals of the main players offloading, a common saying everywhere.
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Anon4461vip
· 01-17 12:10
3255 If it can't hold, there's really no hope left. The short sellers have completely crushed this wave, and every rebound has been smashed down. It looks painful to watch. --- Those chasing the rally are probably losing quite a bit now. I'm serious, this is the real test of patience. --- Once it stabilizes at 3360, I'll add more long positions, but it feels risky. The distribution zone is too heavy. --- Be cautious when opening contracts. Set your stop-loss points properly, or you'll get crushed through and really break down. --- In the short term, it's entirely a bear game. Rebound shorting is definitely the most stable strategy, just depends on how long it can last. --- This wave of decline has been too steady, indicating big funds are dumping, and retail investors simply can't bottom fish. --- Let's see if it can stop around 3200; otherwise, it might really drop to 3150. --- Prioritizing shorting is not wrong at all. I'm just shorting on rebounds now, not greedy. --- High-level pullback and consolidation sounds good, but it's actually just more dumping. Don't be fooled. --- The rebound at 3340 failed the ugliest, with dense long upper shadows like dandruff, clearly indicating a distribution.
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SerumDegenvip
· 01-16 17:48
ngl the whole "weak rebound trap" thing is giving major cascade vibes... 3255 breaks and we're basically free-falling into liquidation city
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StakoorNeverSleepsvip
· 01-16 06:09
It's the same old tune again. Repeatedly pushing the 3400 level without breaking through, I'm already tired of it. Holding tightly here, the bears are trying to exhaust the retail investors. Shorting on the rebound, there's nothing wrong with that statement. Those chasing the rally really need to wake up. If 3270 breaks, we'll see the real situation; otherwise, it will continue to drop further.
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ReverseTradingGuruvip
· 01-16 06:07
Still dithering around 3300 again and again, the bears are really exhausted. Yesterday, I was hoping for a rebound, but it was firmly suppressed. This is weakness. Waiting for 3250 to break is really the end; now it's just about catching rebounds to short and making a profit. No one believed in the 3400 level anymore; with such aggressive dumping, who dares to chase the rally? Brothers using leverage on contracts, be careful. This wave of consolidation is really annoying.
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SybilSlayervip
· 01-16 06:07
Still in the 3340 to 3305 range? Honestly, it's a bit frustrating. Every rebound gets suppressed, the bears are really aggressive.
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GateUser-c799715cvip
· 01-16 06:03
3255 Break or not is the key, break through directly to 3150, in my opinion, this wave is just the market manipulators shaking out the weak hands --- It's the same old story of chasing the rally to get killed, futures positions still need to be cautious --- Each rebound's high point is lower than the last, with such a strong bearish momentum, there's really nothing good to say --- 3360 is the real turning point; if it doesn't stabilize, it will continue to drop --- I've seen too many of these weak rebound tricks; every bounce is just handing knives to the bears --- Let's see if it can hold at 3270; if it can't, we'll directly move to the 3200 support line --- There are signs of distribution at such high levels; only brave traders are still chasing the rally now --- Before the structure is broken, just honestly go short; no need to guess blindly
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SellTheBouncevip
· 01-16 06:00
Sell on rebound, I've already made a killing with this trick. There's always someone chasing high every time, always cutting a wave... --- If 3250 breaks and can't be recovered, it's game over. I've set my stop loss anyway, there will always be lower points. --- There's not much difficulty in being bearish on this wave. Human nature is like this: greedy during rebounds, ending up holding the bag. --- Wait, don't rush to act. The market bottom hasn't made a sound yet. Patience is what makes money. --- Shorting has a higher priority than longing, this hits the point. Those chasing the rise are just here to give away money. --- If this key level at 3360 is truly broken... don't panic, I will still cut if it falls. Historical experience tells me that rebounds are all scams.
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LiquidationOraclevip
· 01-16 05:45
It's the same old trick again. If 3400 can't be broken through, they'll play the weak reversal. I'm tired of the bears' tactics. Let's wait until 3255 breaks before making any moves. I still have some cards up my sleeve. Rebound and then short? Not likely. In this kind of market, it's easiest to get caught on the wrong side. Let's wait until 3360 stabilizes before discussing a reversal. It's too early to draw conclusions now. Contract leverage is deadly. Just watch and don't get involved.
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MemeKingNFTvip
· 01-16 05:45
It's the same story again. It's really pointless to push past 3400; I've seen through this wave of distribution for a long time. We still need to wait until 3250 holds to consider it a true signal.
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