Ethereum was quoted at approximately $3,087 in the early morning of January 11th, a slight increase of 0.37% over 24 hours. From the trend, it appears to be oscillating within the 3050-3100 range in the short term, with no clear signs of breaking through yet.
On the technical side, the support levels below are quite critical — the 3050 to 3000 zone is the first line of defense. If broken, it may test lower levels. The resistance above is concentrated in the 3120-3150 range. To truly reverse the situation, the bulls need to effectively break through the 3150 resistance.
In the short term, it’s a standoff, waiting for a direction to be chosen.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
7 Likes
Reward
7
5
Repost
Share
Comment
0/400
SillyWhale
· 11h ago
Another stagnant market, so boring. When will we finally be able to choose a direction?
View OriginalReply0
TokenSleuth
· 01-11 01:56
Still fluctuating between 3050-3100. When will this stalemate be broken?
Waiting to break the 3000 resistance line before entering the market; entering now is just inviting trouble.
The key is whether it can effectively break through 3150; otherwise, it's the same old story.
The 3087 level feels lukewarm; the bulls need to put in some effort.
View OriginalReply0
FancyResearchLab
· 01-11 01:55
It's another situation where "it should theoretically break through." Luban No.7 is building walls back and forth between 3050-3100. I'll start with a small experiment—observe how long this wall can hold with an empty position.
View OriginalReply0
LiquidationTherapist
· 01-11 01:55
Still fluctuating between 3050-3100. When will this stalemate finally end?
View OriginalReply0
0xSunnyDay
· 01-11 01:50
It's the same old story, bouncing back and forth between 3050-3100. Come on, this is just the market with no direction.
I'll buy the dip when it breaks below 3000. We've seen that 3150 level too many times.
Stuck in a stalemate? This is what a bear market grind looks like, brother.
Ethereum was quoted at approximately $3,087 in the early morning of January 11th, a slight increase of 0.37% over 24 hours. From the trend, it appears to be oscillating within the 3050-3100 range in the short term, with no clear signs of breaking through yet.
On the technical side, the support levels below are quite critical — the 3050 to 3000 zone is the first line of defense. If broken, it may test lower levels. The resistance above is concentrated in the 3120-3150 range. To truly reverse the situation, the bulls need to effectively break through the 3150 resistance.
In the short term, it’s a standoff, waiting for a direction to be chosen.