Ethereum's recent trend shows a typical pattern of initial rally followed by a correction. From the daily chart, after surging to around 3170, it faces obvious downward pressure, and in the short term, it is expected to retreat to the 50-60 range for repeated oscillations.
The most critical factor is the resistance level; the 65 line is very strong. Once it can break through smoothly, there is a possibility of continued upward movement. However, in terms of momentum, the probability of sustained continuous gains is not high, so caution is needed against this risk.
How to operate at high levels? When approaching around 3170, consider exiting; don't be greedy. Either close the position to realize profits or place orders to protect capital and lock in gains, depending on your risk preference.
Where are the opportunities below? The range of 3130 to 3150 is a good area for phased entries, especially when the price retraces to this level—pay attention. Refining to the 45-minute chart, if after a pullback the price breaks above previous highs, it indicates a good opportunity to follow the trend upward and consider entering positions accordingly.
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0xOverleveraged
· 8h ago
Here we go again with the 3170 set, every time they say they will release it, but then it drops back and they can't bring themselves to buy in. Truly incredible.
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TooScaredToSell
· 9h ago
3170 this level is a bit tough, it seems like it needs to fall back and consolidate for a while
Already sold out early, don't want to get trapped
This wave's momentum is indeed weak, don't expect a continuous surge with sharp gains
The 3130 area is indeed a bottom-fishing level, just see if there's the courage to buy in
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MEVHunterLucky
· 15h ago
3170 should be run, anyone still hesitating is just waiting to get trapped.
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This 65 level really got stuck, if it can't break through, it might still drop.
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Entering in batches sounds simple, but the key is to withstand the pullback mindset.
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Not selling at high levels really deserves to be hammered down again haha.
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I’ve never really figured out the 45-minute chart pattern, could everyone please share their views on this level?
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The pattern of first rising then suppressing is the most annoying part of this market, it’s the same routine every day.
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I've already set up at 3130-3150, just waiting for a rebound.
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Honestly, I can see that energy is exhausted; the rally should have stopped by now.
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My favorite tactic is capital preservation and locking in profits, it’s very stable.
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Every time it spikes high, it gets hammered down. Is this time really different? I have some doubts.
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just_here_for_vibes
· 01-06 00:40
3170 is really a tough barrier, it feels like we're about to enter a震荡地狱模式 again.
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GateUser-00be86fc
· 01-05 01:52
3170 this critical level is really hard to break through. I'm just waiting for a pullback opportunity now.
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It's the same old story, entering at high and low points, easy to say but really hard to do.
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Feeling like 65 can't be broken, it seems to be a consolidation phase with oscillations. The energy is indeed insufficient.
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I'm a bit confused by this wave of movement; the market feels a bit chaotic.
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Gradual entry is more reliable, but it also depends on whether the energy is sufficient.
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The pressure at 3170 feels tougher than before; it hasn't been this resistant to declines before.
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Locking in profits and protecting capital sounds easy, but in practice, you always want to wait a bit longer. Greed kills.
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The entry zone below looks good, but I'm worried the rebound won't be as quick as expected.
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Only enter after breaking the high? It seems this pullback might repeat several times.
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I just want to ask when the energy will come back; this kind of oscillation is so exhausting.
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VitalikFanAccount
· 01-05 01:50
The 3170 line is about to stage another "false alarm" show, I bet five dollars.
It's starting to shake again, I've seen through it long ago.
If it can't break 65, don't expect a surge; this wave's energy is indeed weak.
The 3130-3150 range could be a good setup, but it depends on whether the subsequent trend gives an opportunity.
A continuous bullish day? Dream on. Who believes in this market right now is just foolish.
It's better to sell at high levels; don't wait for the bottom. Survive first.
The 45-minute breakout signal is still somewhat useful, at least better than guessing blindly.
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SatoshiChallenger
· 01-05 01:47
It's another case of first rallying then suppressing, and it's a key resistance level. I've heard this explanation for three years—what's the success rate?
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SoliditySurvivor
· 01-05 01:37
3170 is about to drop again, same old routine. It's only interesting when it fluctuates between 50-60 again.
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MechanicalMartel
· 01-05 01:32
3170 is indeed a tough hurdle. Insufficient energy and still expecting a rally? Dream on.
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I just want to know how far this drop needs to go before it's considered to have bottomed out. Feels like the analysis is always correct.
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Locking in profits sounds simple, but when it really hits 3170, no one wants to let go.
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If 65 can't be broken, then don't bother. Just play it safe with a range of 3130-3150 for bottom fishing.
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How reliable is that 45-minute signal? It often gets you trapped by false breakouts.
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It's another story to sell at high points; anyone can say that easily, but actual trading is a different matter.
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That analysis of resistance levels isn't wrong, but executing it is too difficult.
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Buy back after a pullback and break above the high? That logic is a bit too optimistic.
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Not being greedy is a cliché. Who doesn't want to make money when the opportunity comes?
View OriginalReply0
LiquidityNinja
· 01-05 01:29
3170 this level really can't hold, I've already run away haha
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Energy is indeed weak, dreaming of a rally, still better to wait patiently for the 3130 wave
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I'm skeptical about the 65 line, feels like it will take a while to settle
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I was paying attention to the 45-minute chart breaking the high point, just waiting for the right opportunity
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Not being greedy really hit home for me, I previously lost money because of greed
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Gradually entering around 3150, this approach is quite good
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Take profits when the position looks good at high levels, easy to say but hard to do, everyone
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I've been using the method of capital preservation and locking in profits recently, it’s definitely more stable
Ethereum's recent trend shows a typical pattern of initial rally followed by a correction. From the daily chart, after surging to around 3170, it faces obvious downward pressure, and in the short term, it is expected to retreat to the 50-60 range for repeated oscillations.
The most critical factor is the resistance level; the 65 line is very strong. Once it can break through smoothly, there is a possibility of continued upward movement. However, in terms of momentum, the probability of sustained continuous gains is not high, so caution is needed against this risk.
How to operate at high levels? When approaching around 3170, consider exiting; don't be greedy. Either close the position to realize profits or place orders to protect capital and lock in gains, depending on your risk preference.
Where are the opportunities below? The range of 3130 to 3150 is a good area for phased entries, especially when the price retraces to this level—pay attention. Refining to the 45-minute chart, if after a pullback the price breaks above previous highs, it indicates a good opportunity to follow the trend upward and consider entering positions accordingly.