2026-01-08 15:24:16

Looking at the 1-hour trend of ETH, the MA7 is firmly stuck at 3107. Is this a rebound? To be honest, this looks more like the last gasp of a dying horse.

The low point at 3067 is not a bottom support; at best, it's just a breather during the decline. I didn't dare to short at 3130 just now, and there's no need to rush to chase the bottom now. Be patient and wait for the price to test the resistance zone around 3110 again.

The key issue here is—if it can't hold above 3120, then all previous rebounds are just a refueling stop for bearish traders. The real opportunity will come later. The market's next target is the 3000 integer level. When that time comes, there will be a true market test.

ETH-1,72%

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LiquidationAlert

· 01-11 14:55

Damn, occupying 3107 again. This rebound is really just a fleeting moment of light before darkness.

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BloodInStreets

· 01-11 10:37

The phrase "at the end of a strong bow" is used perfectly. If 3120 can't hold, we'll just keep watching the show. --- It's another pump-and-dump situation; 3067 is hardly a bottom. --- Wait for that 3000 level; chasing the bottom now is just blood gambling. --- I've seen through the gas station; don't get washed out, damn it. --- Exactly right, this rebound is just a play to cut leeks. --- That 3120 level is really a hurdle; if you can't break through, look for opportunities lower. --- I've calculated it; 3000 is the real value trough. Those itching to act, stay put. --- The market is testing our patience, brother. Impulsiveness will get you killed. --- This metaphor of catching your breath is brilliant; only then will there be a show.

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LayerZeroEnjoyer

· 01-09 12:20

3120 points not holding steady is just a repeat. This wave really feels like charging the shorts. When it reaches the critical number of 3000, we'll see the real outcome.

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ForkInTheRoad

· 01-08 15:54

Is this how the MA7 positioning works? Still hoping for a rebound, but it looks more like a dying flicker to me. The 3000 level is the real test. Why are we rushing now? If we can't hold steady at 3120, let's keep watching downward. Don't be fooled by the rebound. One word: wait. Be patient, brothers. The good show is still to come.

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MysteriousZhang

· 01-08 15:54

Same old story, if 3120 doesn't hold, it'll keep dropping anyway, lol I already cut my losses ages ago

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RektButStillHere

· 01-08 15:53

ma7 stuck at 3107, this rebound is really weak... Chasing the bottom? Haha, I've learned to be smart, patience and wait for the 3110 stress test. If it can't hold steady at 3120, it's over. Feels like 3000 is an unavoidable fate.

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VitaliksTwin

· 01-08 15:38

If 3120 can't hold, it really needs to drop 3000. Buying at the bottom now is just accepting the knife.

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MidnightMEVeater

· 01-08 15:33

Good morning, at 3 a.m. this trend pulled us out again. MA7 is signaling a rebound, but I think it's just the group of people who are still not satisfied with the long positions, waiting for that thick soup at 3120.

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gas_fee_therapy

· 01-08 15:28

It's the same story again. If 3120 doesn't hold steady, it keeps breaking. Feels like it should have already dropped to 3000. Chitchatting is just a waste of time.

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