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On January 15th, Ethereum showed a high-level oscillation trend, maintaining an overall upward trend but with slightly weaker momentum than Bitcoin. The two attempts to break through the $3399 - $3402 region were not successful, and currently it is oscillating around $3330. Below is today's market and technical analysis strategy:
1. Bullish Strategy: First, if the price retraces to the $3200 - $3250 support zone and stabilizes effectively, consider entering long positions with a stop loss of about 40 points. The initial target is $3300 - $3400, and if it breaks through $3400, further targets can be set at $3450. Second, if a volume breakout occurs above the key level of $3400 and the RSI rises above 70 to maintain momentum, follow the trend and go long, with a stop loss around $3335 and targets at $3516 and the previous high near $3600.
2. Bearish Strategy: On one hand, if the price repeatedly surges in the $3360 - $3400 range but shows volume stagnation and a long upper shadow on the 4-hour chart, consider shorting with a small position, a stop loss of 30 points, and a target of $3300 - $3350. On the other hand, if the $3200 support is effectively broken and the rebound fails to stabilize above that level, follow up with short positions, setting the stop loss near $3250, with subsequent targets below $3100.
3. Risk Reminder: Today, the US Senate Banking Committee will review the "Digital Asset Market Clarity Act," and this regulatory event may cause significant volatility in cryptocurrency prices. Meanwhile, a bearish divergence appears on the 4-hour chart, with RSI approaching overbought territory, indicating a technical correction may be needed. Traders should control their positions, avoid blindly chasing gains or cutting losses, and strictly implement stop-loss and take-profit strategies. #感谢关注︱互动︱评论︱转发