#数字资产动态追踪 January 4th midday ETH market update: current price is $3132, the daily chart shows strength but there are overbought signals on the four-hour chart. These past couple of days have been testing the patience of the bulls.
**Key Price Levels at a Glance**
Looking downward, 3100-3110 is the most critical support today—if it can't hold here, the next support is at 3070-3080 (yesterday's low plus the 20-period moving average). Further down, there's the confluence of trendline and integer levels at 3020-3000, which is a strong bottom.
On the upside, 3150-3160 is the resistance zone. Only a breakout above this can lead to the 3180-3200 cluster of high-volume trading areas. The furthest resistance is at 3220-3250, where Murray levels and multi-directional resonance occur.
**Technical Outlook**
The daily chart has broken above the upper boundary of the consolidation zone, with moving averages aligned in a bullish formation. The 200-period moving average now acts as a support floor. The four-hour RSI exceeds 70, indicating standard overbought conditions, so a short-term pullback for correction is inevitable—but the bullish structure remains intact. The hourly chart is currently consolidating at high levels, so caution is needed to avoid a false breakout and a quick reversal.
On-chain data also looks good, with staking volume steadily increasing, ecosystem activity remaining lively, and buying support still solid.
**Practical Trading Strategies**
For conservative traders, wait until the price pulls back to 3100-3110 and stabilizes before entering. Place stop-loss at 3070. The first target is 3150-3160; if broken, look toward 3180-3200.
For more aggressive traders, small positions can be taken now, but only if above 3120. Stop-loss remains at 3100, with the same targets.
Short-term short opportunities are at 3150-3160. If the price encounters resistance and weakens, consider shorting with a stop at 3180. Initial targets are 3100-3110; if the support breaks, aim for 3070-3080.
Control your position sizes—no more than 50% in spot, 25% in futures. Weekend liquidity is usually thin, so leverage must be strictly managed. Never chase high at these levels.
**Final Reminder**
Weekend markets tend to be volatile. If a key level is broken, stop-loss immediately and don’t hesitate. Especially at 3070—if this support fails, the bullish trend is in question. It might be safer to switch to a wait-and-see stance or consider shorting. $ETH
**Key Price Levels at a Glance**
Looking downward, 3100-3110 is the most critical support today—if it can't hold here, the next support is at 3070-3080 (yesterday's low plus the 20-period moving average). Further down, there's the confluence of trendline and integer levels at 3020-3000, which is a strong bottom.
On the upside, 3150-3160 is the resistance zone. Only a breakout above this can lead to the 3180-3200 cluster of high-volume trading areas. The furthest resistance is at 3220-3250, where Murray levels and multi-directional resonance occur.
**Technical Outlook**
The daily chart has broken above the upper boundary of the consolidation zone, with moving averages aligned in a bullish formation. The 200-period moving average now acts as a support floor. The four-hour RSI exceeds 70, indicating standard overbought conditions, so a short-term pullback for correction is inevitable—but the bullish structure remains intact. The hourly chart is currently consolidating at high levels, so caution is needed to avoid a false breakout and a quick reversal.
On-chain data also looks good, with staking volume steadily increasing, ecosystem activity remaining lively, and buying support still solid.
**Practical Trading Strategies**
For conservative traders, wait until the price pulls back to 3100-3110 and stabilizes before entering. Place stop-loss at 3070. The first target is 3150-3160; if broken, look toward 3180-3200.
For more aggressive traders, small positions can be taken now, but only if above 3120. Stop-loss remains at 3100, with the same targets.
Short-term short opportunities are at 3150-3160. If the price encounters resistance and weakens, consider shorting with a stop at 3180. Initial targets are 3100-3110; if the support breaks, aim for 3070-3080.
Control your position sizes—no more than 50% in spot, 25% in futures. Weekend liquidity is usually thin, so leverage must be strictly managed. Never chase high at these levels.
**Final Reminder**
Weekend markets tend to be volatile. If a key level is broken, stop-loss immediately and don’t hesitate. Especially at 3070—if this support fails, the bullish trend is in question. It might be safer to switch to a wait-and-see stance or consider shorting. $ETH



