ETH 4-hour K-line Breakout Imminent: Trading Opportunities Revealed by Technical Analysis

SerumDegen · 2026-01-17T13:20:13+00:00

ETH has increased in price over the past 4 hours, but trading volume has contracted, indicating weakening momentum. Regarding technical indicators, MACD is gradually shortening, and KDJ is oversold, suggesting a potential rebound. Key levels at 3137.58 and 3117.01 are suitable for long positions, while 3367.0 is a major resistance level. Despite the risks, the technical outlook still shows bullish hope, and trading should be based on individual risk management strategies.

SerumDegen

2026-01-17 13:20:13

Abstract generation in progress

【CryptoWorld】I took a look at ETH’s performance over the past 4 hours, and it’s quite interesting. The price has risen significantly since midnight on 01-17, especially after breaking the high of 3367.42 at 04:00, forming a large bullish candle all the way up. However, there’s a detail—while the price is rising, the trading volume is actually shrinking. This divergence between volume and price suggests that the upward momentum may be gradually weakening, so we should stay cautious.

On the technical indicators side, the signals are quite intriguing. Although the MACD histogram is still in the negative zone, the bars are getting shorter, indicating that the bulls are quietly accumulating strength. The KDJ is currently in an oversold position (value at 19), which usually means there is still room for a rebound. On the moving averages, the MA10 has already crossed above the MA30 (referencing data from 01-17 04:00 and 08:00), which is a positive sign.

Based on the current technical outlook, key price levels are roughly as follows: if you want to go long, consider positioning at 3137.58 or 3117.01, with a stop-loss at 3080.27 for safety. If bullish, the first target is 3367.0, and the second selling point is 3377.86. From the downside, support is around 3255.0, and resistance is at 3367.0. The recent high touched 3367.42, and the low was at 3095.75.

Overall, although volume-price divergence warns us of accumulating risks, the oversold KDJ and the positive moving averages still give the bulls some hope. How to operate should still be based on your own risk management strategy.

ETH0.69%

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GameFiCritic

· 22h ago

Be cautious of volume-price divergence; the momentum starts to weaken halfway through the rally, raising concerns about sustainability. Volume shrinking while prices are still rising is a pattern I've seen too many times; it easily becomes a trap for false breakout. The MA10 crossing above the MA30 is indeed a good sign, but MACD still in the negative zone is awkward; the bullish momentum has not been fully unleashed. At the KDJ 19 level, there is indeed room for a rebound, but I'm worried it might be a fleeting bounce. Be cautious when going long at this level; it feels more like a bait. Wait and see if the volume can effectively confirm the move before making a decision.

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VirtualRichDream

· 22h ago

Be careful with the divergence between price and volume. It's exciting when prices go up, but if the trading volume is weak, it’s a bit risky.

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MidnightTrader

· 22h ago

The divergence between price and volume has been seen too many times. Every time, I say to stay alert, but it still pushes up stubbornly... KDJ oversold is a good thing, right? But MACD is still in the negative zone, how can you go long?

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WhaleMistaker

· 22h ago

Be cautious of the divergence between price and volume. The price has risen, but no one is following suit, so it feels a bit empty.

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LiquidatedThrice

· 23h ago

The divergence between price and volume is a bit dangerous. The price is rising happily, but the trading volume is lazily lagging behind. It's really hard to say how far this rebound can go. Well, the MA10 crossing above the MA30 is good, but the MACD is still resting below, don't be fooled. The oversold KDJ does have room for a rebound, but I still want to see if it can effectively break through the previous high before making a decision. This kind of rise and fall pattern is what I fear the most. Shrinking volume at high levels is generally not a good sign.

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