Ethereum Latest Market Analysis + Support and Resistance Levels Share!!! #ETH $ETH
🚀 Evening Market Outlook: Reclaiming lost ground, stabilizing above 3200, the rebound momentum is confirmed Latest Situation: Strong Recovery: Looking back at our analysis on December 29, ETH was struggling at 2931. Now, following BTC's breakout (BTC hit a new high of 94,415 last night), ETH has also strongly regained the 3000 and 3100 levels, currently holding above 3200. Rebound Logic: Compared to BTC, which has already hit a short-term high, ETH still has room to grow towards its previous high (3350-3500). The current 3215 is considered “high-level consolidation after breakout.” When market funds are sideways at high BTC levels, they start flowing into ETH seeking rebound opportunities. Key Battle: The current focus is on the 3250 - 3280 zone. This is the starting point of the previous decline, with significant resistance. If a volume breakout occurs here tonight, ETH will accelerate towards 3400. 1. Support and Resistance Levels (Precise Calculation) Short-term Support (1-3 days, Intraday) 3180 - 3190: Immediate intraday support. The lower boundary of today’s Asian session volatility, also the middle band of the hourly Bollinger Bands. Holding here indicates a very strong bullish trend in the short term. 3120 - 3140: Strong support (trend reversal zone). Previously, 3100-3120 was a strong resistance, which after being broken, has become a core defense level. 3080: The absolute dividing line between short-term bulls and bears. Medium-term Support (1-2 weeks, Swing) 3000: Super psychological level. Since it has been reclaimed, it now acts as a “solid bottom.” 2950: Previous correction neckline. 2880: Major structural bottom (December low). Short-term Resistance (1-3 days) 3250 - 3260: Immediate resistance. The intraday previous high and round number resistance, where short-term profit-taking may occur. 3320: The upper boundary of the previous consolidation range, a strong resistance zone. 3400: Accelerated target driven by short-term sentiment. Medium-term Resistance (1-2 weeks) 3500: Key trend reversal point. Breaking above this indicates ETH officially entering a main upward wave. 3800: Major swing target. 4000: Important milestone in the bull market. 2. Overall Analysis and Best Entry Strategies Overall View: The current 3215 is in the “rebound continuation” phase. Bullish Strategy: The trend has already reversed upward. BTC remains stable at high levels, and ETH has a high probability of further rebound. Buying on dips, especially around 3180 or 3120, is the main approach. Bearish Strategy: Trading against the trend carries high risk. Unless there is a clear divergence near 3300, shorting is not recommended.
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Ethereum Latest Market Analysis + Support and Resistance Levels Share!!! #ETH $ETH
🚀 Evening Market Outlook: Reclaiming lost ground, stabilizing above 3200, the rebound momentum is confirmed
Latest Situation:
Strong Recovery: Looking back at our analysis on December 29, ETH was struggling at 2931. Now, following BTC's breakout (BTC hit a new high of 94,415 last night), ETH has also strongly regained the 3000 and 3100 levels, currently holding above 3200.
Rebound Logic: Compared to BTC, which has already hit a short-term high, ETH still has room to grow towards its previous high (3350-3500). The current 3215 is considered “high-level consolidation after breakout.” When market funds are sideways at high BTC levels, they start flowing into ETH seeking rebound opportunities.
Key Battle: The current focus is on the 3250 - 3280 zone. This is the starting point of the previous decline, with significant resistance. If a volume breakout occurs here tonight, ETH will accelerate towards 3400.
1. Support and Resistance Levels (Precise Calculation)
Short-term Support (1-3 days, Intraday)
3180 - 3190: Immediate intraday support. The lower boundary of today’s Asian session volatility, also the middle band of the hourly Bollinger Bands. Holding here indicates a very strong bullish trend in the short term.
3120 - 3140: Strong support (trend reversal zone). Previously, 3100-3120 was a strong resistance, which after being broken, has become a core defense level.
3080: The absolute dividing line between short-term bulls and bears.
Medium-term Support (1-2 weeks, Swing)
3000: Super psychological level. Since it has been reclaimed, it now acts as a “solid bottom.”
2950: Previous correction neckline.
2880: Major structural bottom (December low).
Short-term Resistance (1-3 days)
3250 - 3260: Immediate resistance. The intraday previous high and round number resistance, where short-term profit-taking may occur.
3320: The upper boundary of the previous consolidation range, a strong resistance zone.
3400: Accelerated target driven by short-term sentiment.
Medium-term Resistance (1-2 weeks)
3500: Key trend reversal point. Breaking above this indicates ETH officially entering a main upward wave.
3800: Major swing target.
4000: Important milestone in the bull market.
2. Overall Analysis and Best Entry Strategies
Overall View: The current 3215 is in the “rebound continuation” phase.
Bullish Strategy: The trend has already reversed upward. BTC remains stable at high levels, and ETH has a high probability of further rebound. Buying on dips, especially around 3180 or 3120, is the main approach.
Bearish Strategy: Trading against the trend carries high risk. Unless there is a clear divergence near 3300, shorting is not recommended.