Ethereum's four-hour chart is currently in a range of repeated highs, indicating a phase of energy repair after an upward move. The resistance is clearly around $3367-$3400, while support must hold in the $3310-$3250 zone. Once these levels are broken, the short-term direction can be determined. However, caution is needed for potential pullbacks due to overbought conditions at high levels.
Looking at recent candlestick movements, ETH quickly surged from around 3095 to a peak at 3367, now fluctuating around 3298. Yesterday saw a large bullish candle break through resistance, but today a small bearish candle closed—this signals significant pressure above, possibly requiring consolidation.
On the MACD, the four-hour DIF and DEA are both positive and still expanding upward, but the histogram has shortened, indicating waning bullish momentum. The daily chart still shows a bullish trend but with divergence signals. The RSI on the four-hour chart has reached 67, approaching overbought; the daily RSI remains above 60, confirming a bullish bias. Regarding moving averages, the current price is above EMA7 (3275), providing short-term support; EMA30 (3183) and EMA120 (3109) form a bullish alignment, suggesting a medium- to long-term bullish outlook.
Consider buying on dips within the 3280-3260 range, with target levels at 3320 → 3360 → 3400. If the price stabilizes above 3400, hold the position, with the next target at 3440.
This strategy is time-sensitive and primarily based on free guidance. $BTC $ETH
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ForkTrooper
· 4h ago
The 3367 resistance is here; if it can't break through, it will have to retest 3250... feels a bit uncertain.
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VitalikFanboy42
· 4h ago
3260, dare to copy? The MACD divergence is a bit uncomfortable.
#美国消费者物价指数发布在即 📊ETH Short-term Volatility Analysis | Mid-January Trading Strategy Sharing
Ethereum's four-hour chart is currently in a range of repeated highs, indicating a phase of energy repair after an upward move. The resistance is clearly around $3367-$3400, while support must hold in the $3310-$3250 zone. Once these levels are broken, the short-term direction can be determined. However, caution is needed for potential pullbacks due to overbought conditions at high levels.
Looking at recent candlestick movements, ETH quickly surged from around 3095 to a peak at 3367, now fluctuating around 3298. Yesterday saw a large bullish candle break through resistance, but today a small bearish candle closed—this signals significant pressure above, possibly requiring consolidation.
On the MACD, the four-hour DIF and DEA are both positive and still expanding upward, but the histogram has shortened, indicating waning bullish momentum. The daily chart still shows a bullish trend but with divergence signals. The RSI on the four-hour chart has reached 67, approaching overbought; the daily RSI remains above 60, confirming a bullish bias. Regarding moving averages, the current price is above EMA7 (3275), providing short-term support; EMA30 (3183) and EMA120 (3109) form a bullish alignment, suggesting a medium- to long-term bullish outlook.
Key levels to watch: 3310 (today’s low), 3250-3290 (EMA cluster), 3220-3240 (medium-term support).
ETH's steady strategy on January 14:
Consider buying on dips within the 3280-3260 range, with target levels at 3320 → 3360 → 3400. If the price stabilizes above 3400, hold the position, with the next target at 3440.
This strategy is time-sensitive and primarily based on free guidance. $BTC $ETH