2026-01-09 01:28:46

Yesterday, the trend of Ethereum can be summarized with one word: "oscillating and weakening," with the maximum single-day decline exceeding 130 points.

From the daily chart, a medium-length bearish candle was formed, indicating a still bearish pattern. On the four-hour level, the situation is quite clear—the Bollinger Bands are fully widened, the candlesticks are trading below the middle band, and the MACD lines are crossing downward. The bearish momentum histogram is shrinking, showing clear pressure.

However, the one-hour chart is a bit interesting. The Bollinger Bands are starting to contract, the candlesticks are oscillating near the middle band, and the MACD is crossing upward. The bullish momentum histogram is still expanding. This suggests that although the larger timeframe remains weak, there are signs of short-term recovery.

In terms of trading strategy, my approach is straightforward: continue to look for retracement lows to enter long positions. This is currently a more reliable idea. However, the market is ever-changing, and the above analysis is just a technical reference. Actual trading depends on the market conditions and your risk management—don't follow blindly.

ETH-1,08%

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ChainMaskedRider

· 01-11 23:13

It's the same old Bollinger Bands and MACD routine. Honestly, we still don't know how it will move. Waiting for a dip to enter? It depends on luck, you know. Short-term recovery? I'm skeptical.

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DecentralizedElder

· 01-11 00:26

Dropped again, I really can't hold on like this anymore. Waiting for a bottom signal, or else I'll be taking the hit. The four-hour chart is still under pressure, I'll wait and see before making a move. Short-term rebound is interesting, but don't get too optimistic. The lows need to be precisely hit; one misstep and you're trapped. This market really is unpredictable; no one knows what will happen next.

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OnlyOnMainnet

· 01-10 04:49

A 130-point decline, this move still hurts a bit, but in the short term it looks like a rebound is coming.

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ImpermanentPhobia

· 01-09 21:53

Short-term correction signals have appeared; entering at the low point to stabilize this wave.

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AlgoAlchemist

· 01-09 01:58

Buying the dip at lower points is a well-worn topic; the key is whether you can truly hold on until the end.

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ForeverBuyingDips

· 01-09 01:55

Uh, I've been buying the dip so much that I'm numb. I guess I'll hold this time.

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AirdropDreamBreaker

· 01-09 01:51

The 130-point drop is a bit fierce, but the one-hour chart signals look pretty good, and the short-term rebound probability is quite high.

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quietly_staking

· 01-09 01:44

I've heard the phrase "buy the dip" too many times, but what was the result? --- Here we go again with Bollinger Bands and MACD. Are they really useful? --- Short-term recovery signals? I think it's just a trap to lure more buyers. --- This analysis is the same as my thoughts yesterday, but I still lost money. --- Don't blindly follow this advice; you should listen to yourself. --- Getting excited when the 1-hour chart shows volume? That habit needs to change. --- Weakening oscillations mean a decline; keep it simple and straightforward. --- Listening to the idea of a low point for a pullback sounds good, but who knows where the low point actually is?

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MissedAirdropAgain

· 01-09 01:41

There is a chance in the short term; buying the dip at the low point is indeed reliable.

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UnluckyValidator

· 01-09 01:34

Damn, it's another pattern of big drops and small rises. I'm so tired of this. Wait, is a short-term rebound coming? Should I bet on a lower point again? Nice words, but who really knows? Anyway, I got caught again yesterday. Will the Bollinger Bands squeeze lead to a rise? I doubt it. This is what I want to hear—buying on dips, since I've already lost money. I'm afraid to buy; it feels like a trap. The bulls are struggling, and the bears haven't given up completely. It's uncomfortable. Short-term recovery? I think it's a rebound trap, brother. The market is too unpredictable; I'll wait for clearer signals before entering.

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