January 4, 2026 $ETH 4-hour level is in a strong upward trend.

Market condition: In the short term, it is in an extremely overbought state, and market sentiment is exuberant. This usually does not immediately lead to a trend reversal but increases the probability of a short-term pullback or high-level consolidation.

Future outlook:

Most likely path (healthy trend): Price consolidates at a high level or makes a slight pullback around the current position (3100-3170) to digest overbought indicators and profit-taking, while waiting for the EMA system to move upward to provide support. After consolidation, if trading volume can again cooperate, there is hope to continue pushing towards 3200 and even higher targets.

Risk path: If the price drops with volume below the key support zone of 3050-3070, it may indicate that this upward trend is temporarily over, and a deeper correction or range-bound consolidation will follow.

Summary: The trend is clearly upward now, but in the short term, it faces overbought correction pressure. Traders should pay attention to the defense of the two key support zones at 3096 and 3050-3070. As long as they are not broken, the upward trend remains intact. Be cautious about chasing highs; wait for a pullback to support levels to look for opportunities. #加密行情预测 #ETH走势分析