2026-01-18 14:31:32

On Wednesday, Ethereum experienced a significant plunge. I bought the dip at the 3260 level, and I actually caught the lowest point of the weekend, quite lucky.

Now the price has approached the short-term resistance level of 3330, and this could be a good point to realize the first round of profits. Looking downward, the 3280 line is very critical; historically, a double bottom pattern has formed here, making it a strong support.

As for the upper side, 3400 is a relatively strong resistance level. To open up a larger upward space, an effective breakthrough of this level is necessary. Otherwise, it will continue to fluctuate within this range.

ETH3,21%

View Original

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.

13 Likes

Reward
13
5
Repost
Share

Comment

0/400

GateUser-9ad11037

· 01-21 01:19

3260, I really hit the mark with the bottom, such luck, I'm jealous.

View OriginalReply0

MidsommarWallet

· 01-18 15:01

Haha, really? 3260 is the bottom, and we're holding on to it. The luck is incredible. 3330 should really see some movement here. Not greedy, but can't help it. If it doesn't break through 3400, it'll just keep bouncing back and forth. This market is so frustrating.

View OriginalReply0

ILCollector

· 01-18 14:51

Oh my goodness, such luck! Precisely bottomed out at 3260, truly amazing. That 3400 level is really tough; last time I got stuck there. Finally caught a rebound, waiting to sell the first batch at 3330. If 3280 can't break, it'll just continue to fluctuate; anyway, can't run away. This wave of market movement has such limited space, no need to be greedy.

View OriginalReply0

LiquidityWhisperer

· 01-18 14:39

Damn, buying the dip at 3260 really paid off and you managed to make some profit. That luck is unreliable haha Put some at 3330, don’t be greedy. Taking profits and running is the way to go If 3400 can’t be broken, we’ll have to keep shaking out here, so annoying

View OriginalReply0

BugBountyHunter

· 01-18 14:35

Luck is a funny thing... 3260 buying the dip really managed to hit the lowest point, I have to admit I'm impressed with that luck. 3400 can't break through, still needs to consolidate; it's the old routine. 3280 double bottom can't break, it's uncomfortable; we need to watch the subsequent volume.

View OriginalReply0