Ethereum has been performing well recently, and breaking above the 3080 level has reignited market sentiment. However, as the weekend approaches, an old issue reemerges—the risk of high-level oscillations.
From the hourly chart, this level does seem to hold relatively steady. But after several days of consecutive gains, the market has accumulated quite a bit of profit-taking, and many may choose to lock in gains before the weekend, which could sow the seeds for subsequent volatility. But honestly, this kind of fluctuation doesn't need to be over-interpreted; it's just a normal market adjustment process. Currently, the bulls' momentum is still intact, and this consolidation phase could actually help shake out some floating positions, paving the way for a push toward 3200.
For friends caught in short positions, the weekend turbulence might be an opportunity to ease pressure. But don't blindly add to short positions; the short-term trend remains upward. Wait for the technical indicators to confirm before acting, and don't let emotions drive your decisions.
On the bullish side, there are actually quite a few opportunities. You can take advantage of these days of oscillation to buy on dips, preparing to benefit from the upcoming push toward 3200. The key is to adjust your positions flexibly, keep a close eye on market dynamics, and not miss this wave of行情.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
8
Repost
Share
Comment
0/400
DAOplomacy
· 01-06 12:59
honestly the whole "consolidation clears weak hands" narrative is getting tired... but yeah, 3080 holding does suggest *some* institutional patience here. though let's be real about path dependency—weekend liquidity always creates non-trivial externalities that these analyses conveniently gloss over
Reply0
MetaverseHobo
· 01-05 14:07
It's the same old story, they always cut the leeks before the weekend. I don't believe 3200.
Has the 3080 stabilized? Let's wait and see. I've been burned before.
There are too many profit-taking positions; it feels like it's going to crash.
It's easy to talk about buying on dips, but who knows where the bottom is?
Shorts, you're suffering. I'm one of you, and my mindset is about to explode.
Bullish opportunities? Only when it drops and then rises again, that's what I call an opportunity.
This weekend might see a shrinkage. I'm choosing to stay on the sidelines.
View OriginalReply0
SolidityJester
· 01-04 18:36
The game of dumping chips before the weekend happens every week, claiming that 3200 is an easy barrier to cross.
It's the same story of "buying on dips," just like last year at this time.
As someone caught in short positions, I just want to see how long 3080 can really hold steady.
View OriginalReply0
pumpamentalist
· 01-04 16:53
Once the 3080 stabilizes, I’ll be thinking about 3200. Whether this wave of the market can wait until Monday is uncertain.
View OriginalReply0
BearMarketBarber
· 01-04 16:52
Once the 3080 level is stabilized, the focus shifts to 3200. The bulls still have a chance this time, but be cautious of a sudden drop from high levels over the weekend.
View OriginalReply0
GasFeeWhisperer
· 01-04 16:46
It's time to buy at high levels again, and the market will definitely crash over the weekend.
Wait, can it really reach 3200 this time? It feels a bit uncertain.
Retail investors are starting to get harvested again. I bet five bucks it will drop on Monday.
What’s the point of 3080 holding steady? It looks like a false breakout to me. Don’t buy into this.
Is the bullish momentum still there? Haha, profit-taking traders have already started to want to run.
Dipping to buy sounds good, but I’m just worried the lows might get even lower.
Even if I don’t sleep over the weekend, I still have to watch the market. It’s really addictive.
Honestly, it’s still a liquidity issue; this wave of market action feels very fake.
Waiting for 3200, but it feels like it’s forever out of reach.
Getting trapped now is really frustrating. When will I be able to get out?
View OriginalReply0
screenshot_gains
· 01-04 16:27
Once the 3080 stabilizes, they want to pull it up, but it’s going to dip again over the weekend. This routine has been played hundreds of times.
It's always the same story of buying the dip. Easy to say, but what about when you're losing?
Brothers holding short positions, don’t be too hopeless. A rebound is an opportunity.
Can this wave push to 3200? Honestly, it’s a bit uncertain.
With so many profit-taking orders, stability is hard to maintain. Just waiting to harvest the leeks.
View OriginalReply0
DeFiGrayling
· 01-04 16:26
The 3080 has stabilized, but a shakeout over the weekend is inevitable—that's a law.
It's the same old story, waiting to buy the dip and aiming for 3200? Come on, whether this wave can break or not is still up in the air.
Brothers caught in short positions, stop messing around. If it moves upward in the short term, you have to accept it.
Ethereum has been performing well recently, and breaking above the 3080 level has reignited market sentiment. However, as the weekend approaches, an old issue reemerges—the risk of high-level oscillations.
From the hourly chart, this level does seem to hold relatively steady. But after several days of consecutive gains, the market has accumulated quite a bit of profit-taking, and many may choose to lock in gains before the weekend, which could sow the seeds for subsequent volatility. But honestly, this kind of fluctuation doesn't need to be over-interpreted; it's just a normal market adjustment process. Currently, the bulls' momentum is still intact, and this consolidation phase could actually help shake out some floating positions, paving the way for a push toward 3200.
For friends caught in short positions, the weekend turbulence might be an opportunity to ease pressure. But don't blindly add to short positions; the short-term trend remains upward. Wait for the technical indicators to confirm before acting, and don't let emotions drive your decisions.
On the bullish side, there are actually quite a few opportunities. You can take advantage of these days of oscillation to buy on dips, preparing to benefit from the upcoming push toward 3200. The key is to adjust your positions flexibly, keep a close eye on market dynamics, and not miss this wave of行情.