2026-01-02 14:25:46

Ethereum's recent trend has indeed been a bit frustrating. It seems that the surge yesterday was actually a false breakout—no real stabilization, and signs of a pullback are emerging.

Next, focus on the US stock market opening this afternoon. According to historical patterns, US stocks are likely to first shake out the market, with the crypto sector resonating accordingly. So this time window is critical.

From a technical perspective, 3010 is the first support level, followed by 2990. If these two levels hold, consider reversing to a long position and possibly increasing your holdings. But if they break, then we need to watch whether the 2950 low can hold.

In summary, we're now waiting for a reaction at the support levels. Once the market successfully defends these levels, opportunities will arise.

ETH4.54%

View Original

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.

11 Likes

Reward
11
6
Repost
Share

Comment

0/400

MidnightMEVeater

· 6h ago

Good morning, it's another afternoon of the US stock market crashing. If 3010 breaks, there's no point in talking about support; the robot paradise will directly eat your stop-loss orders.

View OriginalReply0

consensus_whisperer

· 6h ago

Fake breakouts are really skillful... Waiting to see how the US stocks' afternoon drop will cut. Holding 3010 in one hand and pinching 2950 in the other, ready to run at any moment. If the support holds, I'll go all in; if it breaks, I'll eat the loss. If this wave truly rebounds, I'll turn things around and sing my victory song. This position is a bit frustrating; better to miss out than get trapped.

View OriginalReply0

OnChainSleuth

· 6h ago

Fake breakout, old trick. This wave will definitely retrace. The US stocks are going to crash again at the open. Waiting for the afternoon show. Breaking 3010 is a concern, I think it's uncertain. Heavy position? First see if the support can hold before making a move. 2950 is the real bottom, I feel.

View OriginalReply0

ForkTrooper

· 6h ago

Fake breakouts are the most annoying, they always trick us into buying in Once the US stocks open, it's over, it's definitely going to be a sharp decline again Whether 3010 breaks or not is the key, if it breaks, just keep cutting losses Waiting for a market rebound? I think it's uncertain, don't get caught in a trap

View OriginalReply0

RealYieldWizard

· 6h ago

Fake breakouts, I've seen this trick many times before, and it's happening again. The real test is when the US stocks crash; if 3010 can't hold, I'll go all-in—I'm not a fool. Can 2950 really hold? Feels uncertain. This wave will either make you extremely rich or wipe you out—no middle ground.

View OriginalReply0

LayoffMiner

· 6h ago

Fake breakouts, I've seen this trick many times before, and now the US stocks are going to crush it again. If 3010 doesn't hold, I'll just lie flat; anyway, I can't lose many coins anymore. Successful support? I feel like it will just break through 2950... As soon as the US stocks open, I knew the outcome; they always deceive me like this. Waiting to see how long 2990 can hold, I bet five bucks it will break. This wave is really tough; I was thinking of going all-in yesterday, glad I didn't move. Support levels are breaking one after another, just like a vegetable field harvesting chives. The real moment of death is when the US stocks open in the afternoon; now it's eerily quiet.

View OriginalReply0