Ethereum's recent market performance has indeed been somewhat weak, clearly unable to outperform Bitcoin. The key now is whether the line around $3,050 can hold. Today, it repeatedly fluctuated around $3,110. From a daily chart perspective, the $3,050-$3,080 range is a strong support zone. If it breaks below this level effectively, the next focus is on the $3,000 integer mark. Resistance above is at the $3,180-$3,200 range. Without a volume breakout, the short-term outlook remains weak.
For those looking to go long, consider gradually building positions within the support zone of $3,050-$3,080. Aim for the $3,180-$3,200 range as a target during rebounds, with a stop-loss below $3,000 to avoid being caught by sudden dips.
For those bearish, wait for a rebound above $3,180 before entering with a small position. Target the $3,100-$3,120 range, and place a stop-loss above $3,200 to manage risk. The key is to wait for volume confirmation; relying solely on price breakthroughs makes it difficult to break out of the current stalemate.
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LiquidityWitch
· 01-12 02:38
eth really cooking nothing rn... the 3050 line's basically the last guardian of this whole cursed position, if it breaks we're literally sacrificing into the void ngl
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EyeOfTheTokenStorm
· 01-11 12:13
Once again, the so-called "key support" is being mentioned. How many times have I heard this... Can 3050 really hold? In my opinion, without sufficient trading volume, all efforts are in vain. This is a process of repeated testing. ETH has indeed been very weak in this wave, and the gap with BTC is getting bigger and bigger. It's unlikely to have a turnaround in the short term.
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0xSunnyDay
· 01-09 07:52
It's another stalemate. ETH is really starting to give me trouble, pulling back and forth between 3050-3110 every day...
It seems like the trading volume still isn't strong enough. No wonder it can't go up.
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WinterWarmthCat
· 01-09 07:51
Equal trading volume is the core; without trading volume, everything is pointless. That's how I see it too.
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HodlKumamon
· 01-09 07:45
熊熊 just calculated that the probability of breaking below the 3050 line isn't that high. Looking at historical data, volume is the real king.
Wait, why is Ethereum starting to fall behind Bitcoin again? This doesn't make sense.
If 3180 can't be broken, then don't bother. Dollar-cost averaging (DCA) is the way to go.
If the volume doesn't cooperate, it's just a paper tiger. In the end, it still depends on whether the main players are truly committed.
Hold tight to 3050. 熊熊 will stay with you through this.
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GasFeePhobia
· 01-09 07:43
It's the same story again. Every time they talk about key support levels, and then a limit-down hits and breaks through. I really can't hold on anymore.
Trading volume? Man, where's the trading volume in this market? Retail investors have already all run away.
If 3050 doesn't hold, I'll go all-in on short positions. Anyway, I can't lose much more than a few U.
Bitcoin is so strong, but ETH is still here hesitating. It’s really dragging things down.
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Ser_This_Is_A_Casino
· 01-09 07:43
The pin insertion part is really disgusting, I always get caught. But 3050 still needs to hold, if it breaks, then it's really looking at 3000.
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It's another market with insufficient volume. When can this stalemate be broken? So frustrating.
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ETH is really dragging down the market, while bro is running happily.
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Try entering a small position at 3180? Feels like the rebound isn't very strong.
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If 3050 can't hold again, then this wave will really be pointless.
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Wait for a rebound to enter a short position, stop loss at 3200, target 3100, just like that.
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Long or short, this market feels like it's on the verge of collapse.
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Entering in batches at 3050-3080? I think it's a bit early, let's wait and see.
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Why is it so difficult to break through with volume? Is it really because the bottom is still lacking interest?
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Stop loss below 3000, how strong must this mentality be?
Ethereum's recent market performance has indeed been somewhat weak, clearly unable to outperform Bitcoin. The key now is whether the line around $3,050 can hold. Today, it repeatedly fluctuated around $3,110. From a daily chart perspective, the $3,050-$3,080 range is a strong support zone. If it breaks below this level effectively, the next focus is on the $3,000 integer mark. Resistance above is at the $3,180-$3,200 range. Without a volume breakout, the short-term outlook remains weak.
For those looking to go long, consider gradually building positions within the support zone of $3,050-$3,080. Aim for the $3,180-$3,200 range as a target during rebounds, with a stop-loss below $3,000 to avoid being caught by sudden dips.
For those bearish, wait for a rebound above $3,180 before entering with a small position. Target the $3,100-$3,120 range, and place a stop-loss above $3,200 to manage risk. The key is to wait for volume confirmation; relying solely on price breakthroughs makes it difficult to break out of the current stalemate.