2026-01-16 19:29:03

Ethereum is currently trading around 3280, and at 3 a.m., the market reached the expected support level at 3250. The ascending flag pattern remains valid, indicating that the bulls are still defending the line, but stop-loss measures should be in place.

On the daily chart, the market is still in a contraction phase, with the lower band of the EMA indicator holding at 3135, and the upper band facing resistance at 3310. The range between these two levels may take several more days to develop. The MACD continues to expand and move forward, with the upper Bollinger Band around 3390, and the middle band retreating to 3135.

The four-hour chart warrants closer attention. Short-term support is at 3255, aligned with the EMA30. The MACD is still expanding and increasing momentum. The high points of DIF and DEA are beginning to diverge downward with a dead cross, and the Bollinger Bands are narrowing. The lower band is around 3215, and the upper band is approximately 3395. If the main force pulls back further, focus on the 3200 to 3150 zone, which could present a genuine northbound opportunity. Currently, it is advisable to prioritize defense and avoid rushing into short positions.

Trading ideas for reference:

If the support between 3250 and 3200 holds, set a stop-loss at 40 points, with targets at 3300 to 3400, and a break below that could see a move toward 3450.

If the resistance between 3350 and 3400 is effectively suppressed, set a stop-loss at 40 points, with targets back at 3300 to 3250, and in the worst case, a break below to 3200.

Market conditions change rapidly; it is essential to follow real-time data. The above is for reference only; trade at your own risk.

ETH-0,54%

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
4
Repost
Share

Comment

0/400

fren_with_benefits

· 13h ago

People still watching the market at 3 a.m. are truly tough. The 3250 support level is indeed solid, and the bulls haven't given up yet. This MACD death cross warning is quite intense. Be careful of the main force tricking the line, brother. Is 3200-3150 really the golden bottom for buying the dip, or is it just another wave of retail investors being harvested? Who knows. With so many EMA indicators, I only look at the candlestick chart. If it breaks below 3250 simply and roughly, then go short. Staying up late to watch this stuff, is it really worth it? The midnight market is always the most volatile. Is this 3450 target serious? It feels a bit wishful thinking. Has the bulls' defense line loosened? I don't think it's that solid.

View OriginalReply0

MelonField

· 13h ago

The ones still watching the market at 3 a.m. are real tough guys. 3250 indeed hasn't broken, and the bulls still have confidence. --- The death cross is spreading and narrowing again. This rhythm is really dull and uncomfortable. It's better not to move than to move. --- Wait, DIF and DEA are both heading down, and you're still saying the bulls' defense line is intact? That logic is a bit confusing. --- Is 3200 to 3150 really an opportunity? It feels risky too. Better to wait and see. --- Focusing on defense is reliable. Those chasing shorts are just big fools. I believe in that. --- Breaking below 3200 will be troublesome. At that point, it might drop straight to 3150. --- Every time, you say risk is on the bearer. But when losing money, no one really dares to admit it, haha. --- A 40-point stop loss is too tight. Just a little volatility and you're out. How can you scoop the bottom like that? --- Why are there so many conditions in every analysis? Just say whether to move or not. --- Upper band 3390, lower band 3215, moving in between—that's what a market is. So annoying. --- It looks like another range-bound market without a clear direction. I hate this kind of consolidation the most. --- That 3450 target is overthinking it. It feels very hard to break above.

View OriginalReply0

SocialFiQueen

· 13h ago

Only people like us are still watching the market at 3 a.m. Whether 3250 holds or not is the real question. Don't be fooled by the flag pattern.

View OriginalReply0

UncleWhale

· 13h ago

Those still watching the market at 3 a.m. are true gamblers, and I am one of them haha Still thinking of heading north after a death cross? Think again, brother 3200 is the real price; entering now just makes you a bagholder

View OriginalReply0