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January 18th Midday ETH Market Analysis
Current ETH trend:
◆1-hour timeframe: Bullish momentum easing
◆6-hour timeframe: Bullish momentum easing, sideways movement replacing upward trend
◆Daily timeframe: Bullish momentum easing, signs of a potential reversal to bearish
Trading Recommendations:
◆Short-term: Focus on long positions at low levels, quick entries and exits, strict stop-loss
◆Mid-term: Mid-term sentiment is unstable, recommend observing
◆Long-term: Buy on dips for long-term positions, accumulate gradually, manage positions carefully
Key Short-term Levels:
◆Support levels: 3280, 3230, 3180, 3100
◆Resistance levels: 3350, 3400, 3580, 3700