On January 14th at 14:30 (UTC+8), ETH is currently trading at $3,322.5, up **+7.9%** in 24 hours, following BTC's strong breakout above $3,300. The short-term bullish trend continues, with a mid-term battle around the strong resistance zone of $3,350-$3,380.

1. Core Trends and Key Levels (Actionable)

- Daily Trend: Short-term bulls are dominant, price above EMA20 ($3,288), approaching the strong resistance of $3,350-$3,380, with the 200-day moving average trending upward, indicating the macro bullish structure remains intact.
- Support Levels (from high to low priority): 3300 (intraday strong support / round number), 3288 (EMA20 / 4h neckline), 3250 (EMA50 / previous high support).
- Resistance Levels (from high to low priority): 3350 (intraday strong resistance), 3380 (previous high / psychological level), 3400 (Supertrend resistance).

2. Common Indicator Signals

- RSI (Daily): 65.3, approaching overbought, short-term correction or consolidation risk increases.
- MACD (Daily): Histogram positive, DIF and DEA above zero line, bullish signal, with the histogram continuing to expand, indicating strong momentum.
- Moving Average System: Price above short-term moving averages, EMA20 provides immediate support; mid-term EMA50 is flat, with the zone of $3,350-$3,380 acting as dynamic resistance.
- Volume: 24h volume increasing on the breakout; volume supports the move, but is lower than previous high phases, possibly limiting the continuation of a unilateral move.
- Bollinger Bands: Price near the upper band ($3,342), volatility rising, watch for a pullback upon touching the upper band.

3. Trading Strategies (Actionable Checklist)

1. Pullback Long (Priority)
- Entry: Stabilize at 3300-3305 (4h candle closes bullish / signs of bottoming).
- Stop Loss: Below 3280 (EMA20 breakdown).
- Target: First at 3350, then look for 3380 on a breakout, take partial profits along the way.
- Position Size: ≤20%, light position during overbought periods for testing.

2. Breakout Chase Long (Cautious)
- Trigger: Daily close above 3350 with increased volume (>5-day average volume).
- Entry: Confirm support on pullback to 3330-3335.
- Stop Loss: Below 3320.
- Target: 3380-3400, with a breakout target of 3420.
- Position Size: ≤15%, quick in and out, avoid holding through reversals.

3. Defensive Short (Contrarian, Cautious)
- Trigger: Break below 3280 with RSI divergence and increased volume.
- Entry: Rebound pressure at 3290-3295.
- Stop Loss: Above 3300.
- Target: 3250, then look for 3200 if breakdown continues.
- Position Size: ≤10%, strict stop loss, avoid holding losing positions.

4. Positioning and Risk Control (Must Follow)

- Total Position: Unilateral trades ≤30%, sideways trades ≤20%, avoid heavy positions during overbought periods.
- Stop Loss Principles: Long positions do not hold through EMA20 breakdown; short positions do not hold through key resistance.
- Take Profit: In two parts, first 50% at the first target, remaining at the second target, with dynamic trailing stops to protect profits.

5. Scenario Responses

- Optimistic: Volume breaks above 3380, targeting 3400-3420, monitor volume continuation.
- Neutral: Range-bound between 3300-3350, digest overbought conditions, wait for indicator recovery before choosing a direction.
- Pessimistic: Break below 3280 with no quick recovery, further decline to 3250-3200, and if support fails, the mid-term bullish structure may be challenged.