As of the afternoon of January 8th, Ethereum's market trend is worth paying attention to. The current price is fluctuating around $3,150 (approximately 21,000 RMB), down 3.2% for the day, with a 24-hour decline of about 3.21% as well.

From the data, today's volatility range is between $3,125 and $3,301, with the highest reaching $3,301 before facing resistance and pulling back. The circulating market cap is approximately $379 billion, and the 24-hour trading volume remains around $76 billion, reflecting active market participation but limited buying enthusiasm.

On the technical side, the short-term trend shows a slightly weak consolidation. The $3,180-$3,200 range has become a strong resistance above, making it difficult for buying pressure to break through. Support levels are at $3,100-$3,130, a critical threshold—if it falls below $3,100, the short-term upward structure could reverse, further increasing risks.

In terms of market sentiment, the overall correction and profit-taking pressure still exist. Although staking demand looks promising, this force is not yet strong enough to sustain a continuous rally. The release of the US CPI data tonight will be a turning point, and its impact on market sentiment should not be underestimated.