2026-01-04 07:21:17

Ethereum experienced a short-term correction after breaking through 3149 last night, with a low retracement to 3074. This morning, it surged again to 3165. Currently, the price is oscillating around 3147, fully following the bullish trend.

From the low point of 2900, this wave of gains is resonating with multiple factors: continued enthusiasm at the beginning of the year, large-scale capital inflows, and the gradual buildup of institutional holdings. Trading volume has mildly increased, the MACD indicator has formed a golden cross, and the 3000 level has become an effective support.

The short-term focus is on the 3150-3200 range. Once it stabilizes above this zone, the probability of breaking through 3250 and even 3500 is quite high. If a pullback occurs, around 3100-3120 could be a good entry point for light positions, considering a cautious long position.

At the start of 2026, the bullish atmosphere remains strong, supported by fundamentals such as stablecoin inflows and growth in tokenized assets. However, the crypto market remains unpredictable, so position management and risk control must remain vigilant. Keep a close eye on resistance levels above and prepare contingency plans for downside scenarios.

ETH0,3%

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SwapWhisperer

· 01-07 05:26

Once 3150 stabilizes, it's time to get in. Missing the 3100 entry opportunity this time might be a bit regrettable.

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0xOverleveraged

· 01-06 23:25

I missed that wave at 3074. Now it's at 3147, should I still chase it? Feeling a bit hesitant.

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ApyWhisperer

· 01-06 18:04

This wave of gains is indeed a bit fierce, but the 3147 level still feels like it has resistance and is likely to be pushed down. It looks like we're about to start pushing the key level again. Whether we can stay above 3200 this time is a bit uncertain. Institutional holdings sound good, but I still don't dare to go all in, after all, I've learned my lesson from previous "resonance" fluctuations. Do we really need to pull back so much from 3100-3120? It doesn't seem like the risk is that small. Wait, can stablecoin inflows and tokenized assets really support the market, or are we headed for another plunge?

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TestnetFreeloader

· 01-05 04:48

You really have to hold this position at 3100 no matter what, or it'll be embarrassing.

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AlwaysAnon

· 01-04 07:51

Position 3147 really can't hold anymore, it feels like it's about to break through.

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Tokenomics911

· 01-04 07:51

3500? Let's see if 3200 can hold first, don't overthink it. --- Institutions are building positions? Should we retail investors follow... --- It's always a golden cross and support, every time it's said, but what’s the result? --- Trying a small position with a bullish outlook sounds good, but the key is how to define "small" haha. --- From 2900 to now, I’m already comfortable with the gains, why am I still trapped? --- Is 3100-3120 really the bottom? I don’t believe it. --- Unpredictable is the truth, more reliable than any indicator. --- Let’s wait until 3200 stabilizes before talking about it, it's a bit early to mention 3500 now. --- The trading volume is gradually increasing... I’ve heard this phrase countless times. --- Large funds entering? Why haven’t I seen it? Have they all gone in?

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StableNomad

· 01-04 07:49

ngl the 3100-3120 support is giving UST vibes rn... statistically speaking tho, this macro setup *could* hold. risk-adjusted returns still look sketchy above 3200 imo

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EntryPositionAnalyst

· 01-04 07:47

If 3150 can't hold steady, I'll be laughing. They keep shouting for a breakthrough every day, but then they back down.

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APY_Chaser

· 01-04 07:46

Once 3150 is stabilized, we will take off. 3500 is really not a dream, friends.

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MEVHunterX

· 01-04 07:30

The 3000 support is really solid; it feels like this wave is aiming to break 3500.