#美国贸易赤字状况 1.12 Monday Ethereum Technical Analysis

Looking at the daily chart, $ETH has pulled back from above and is holding at the key support level of 3080—coincidentally the position of EMA25. Even more interesting is that this candlestick has a particularly long lower shadow, indicating that institutional investors have firmly absorbed a large amount of selling pressure here. The bottom of the previous decline has basically been confirmed, and the rebound signals are quite clear.

Now the key is to observe the short-term performance: the price has already stabilized above EMA7, which serves as a short-term reference line. Holding this line means the rebound has a good chance. Moreover, from the entire moving average system, the bullish arrangement is beginning to emerge, and the previously lost positions are gradually being reclaimed. The bulls seem to have decent strength, providing confidence for further upward movement.

Midday trading strategy: Consider long positions around 3120 and 3080, with target levels at 3200 and 3260.