Traders who have already opened positions: continue to hold your long positions, and it would be more prudent to move your stop-loss below 3110. Consider taking partial profits in batches between 3220 and 3240; if the opportunity arises, lock in gains.
For those who haven't entered yet: avoid chasing the high. If the price retraces to around 3150-3160 and stabilizes, you can try a small long position with a stop-loss below 3100, targeting 3200-3220. Another approach is to wait for a volume breakout above the 3220-3240 range, then enter with a small position, with a stop-loss below 3180, aiming for higher targets around 3260-3280.
The overall trend remains bullish and has not been broken. Currently, the price is oscillating within the 3180-3220 range. The key is whether 3180 can hold, and then observe if 3220-3240 can be genuinely broken with volume. Without sufficient volume, a retest of 3160 is likely.
From a technical perspective: the daily chart maintains a bullish configuration. The RSI on the hourly and 4-hour charts is not yet overbought, currently around 55-60, indicating a neutral to slightly strong level, with no obvious divergence.
Support levels are around 3180-3190, with resistance above at 3260-3280.
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ForkMaster
· 01-08 22:04
If you can't hold 3180, you have to reduce your position. Don't think about a rebound saving you; this is how I learned to earn my three kids' milk powder money.
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MondayYoloFridayCry
· 01-07 22:56
3180, whether to hold or not is really the key, without trading volume it's all pointless
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TokenDustCollector
· 01-06 01:58
As long as 3180 holds, there's still hope. The only concern is insufficient volume, which could lead to repeated fluctuations.
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WhaleShadow
· 01-06 01:58
3180, whether it can hold or not is the key, and right now, there's a bit of hesitation.
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PaperHandsCriminal
· 01-06 01:57
It's 3220-3240 again. Last time, I also said it would run here, but it just dropped instead. How do I always manage to hit the reverse point accurately?
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GasFeeSurvivor
· 01-06 01:56
If 3180 can't hold, you have to run. This time, there's no momentum to break through.
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degenonymous
· 01-06 01:53
3180 can't hold, we're really about to be stuck in Bengbu
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MetaverseHomeless
· 01-06 01:35
If you can't hold 3180, you have to run; don't be greedy.
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MevTears
· 01-06 01:29
If we can't hold 3180, we're done for. Feels like this round is a bit uncertain.
Ethereum Morning Technical Brief.
Traders who have already opened positions: continue to hold your long positions, and it would be more prudent to move your stop-loss below 3110. Consider taking partial profits in batches between 3220 and 3240; if the opportunity arises, lock in gains.
For those who haven't entered yet: avoid chasing the high. If the price retraces to around 3150-3160 and stabilizes, you can try a small long position with a stop-loss below 3100, targeting 3200-3220. Another approach is to wait for a volume breakout above the 3220-3240 range, then enter with a small position, with a stop-loss below 3180, aiming for higher targets around 3260-3280.
The overall trend remains bullish and has not been broken. Currently, the price is oscillating within the 3180-3220 range. The key is whether 3180 can hold, and then observe if 3220-3240 can be genuinely broken with volume. Without sufficient volume, a retest of 3160 is likely.
From a technical perspective: the daily chart maintains a bullish configuration. The RSI on the hourly and 4-hour charts is not yet overbought, currently around 55-60, indicating a neutral to slightly strong level, with no obvious divergence.
Support levels are around 3180-3190, with resistance above at 3260-3280.