2026-01-07 03:20:18

Yesterday, Ethereum broke through the 3300 level and faced resistance at higher levels, briefly falling back to around 3180, then quickly rebounding and regaining the 3300 level. This correction shows a lack of continuity.

Looking at the current candlestick trend, on the daily chart, after completing a bottoming process, a continuous bullish trend has begun. The upper band of the Bollinger Bands has been broken, and during the pullback, the support within the range was not effectively breached. On the 4-hour chart, a clear stair-step upward structure is evident— the middle band of the Bollinger Bands continues to rise, and each pullback is weak, showing no signs of deepening. This pattern is a typical accumulation phase before a rally, and the bullish trend has been clearly established.

Therefore, the current strategy is to support the pullback in the 3230-3180 range. The upside target remains in the 3300-3400 zone.

ETH-0,34%

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zkProofGremlin

· 01-08 07:19

3300 this level is really critical, it feels like the bulls are still a bit weak --- The stair-step rally definitely can't hold this time, wait for 3180 to re-enter and try again --- Playing the game of pullback support again, I bet 3200 will hold --- I've heard the Bollinger middle band keep rising too many times, it will hurt more the next time it crashes --- The target of 3300-3400 feels too conservative --- The daily chart showing consecutive green candles has fooled me several times, better to be cautious --- Lack of continuity just means the main force is shaking out positions, old routine

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DarkPoolWatcher

· 01-07 03:46

This 3300 level has been repeatedly pulled back, but this time it feels a bit different. With the bulls so determined, I think 3180 is indeed a good opportunity to buy in. The Bollinger Bands moving this way is definitely a clear sign of accumulating strength. For now, just relax and wait for a move near 3230; after that, it depends on whether we can break 3400.

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MEV_Whisperer

· 01-07 03:30

Hmm... This wave indeed doesn't have the feel of a decline; it rebounded at 3180, which is a bit boring. The break didn't happen, and instead it became more resilient. The bulls are still in control. Just waiting to pick up the bargain, I think I can get it around 3230.

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GasWastingMaximalist

· 01-07 03:25

It's the same old trick again. Every time, they say a buildup before a rise—what's the result?

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