2026-01-05 11:23:27

Ethereum continues its strong performance from last week, with a quite obvious upward trend. Last week, Ethereum mainly drove Bitcoin higher; in the past couple of days, influenced by geopolitical tensions, Bitcoin's gains have been even larger, showing excellent performance.

Looking at the subsequent trend, Ethereum's upward potential is beginning to be limited. Currently, around 3200 is already a good short position area, and you can consider setting up shorts around this level. The short-term target can be seen around the 3120 range, and if the downward movement continues, the long-term target points to the support below 3000. It is important to note that external uncertainties (especially geopolitical risks) are still continuously affecting the market rhythm, so traders should remain cautious.

ETH6,05%

BTC2,92%

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MetaverseMigrant

· 01-06 20:31

Hmm, that's not right. How did the recent geopolitical situation cause BTC to rise even more sharply? Is it really brave to short at the 3200 level? It feels like it might still go up... It's both geopolitical risk and external uncertainties. Talking about it is the same as not mentioning it at all. Shorts setup? I still need to observe market sentiment before making a move. Currently, going all-in on short positions is too aggressive. Honestly, Ethereum's recent surge is a bit strange, with no fundamental support. Is the support below 3000 reliable? How does the historical data look? A sudden change in geopolitics can invalidate the entire chart. It's better to wait until the risk passes before taking action.

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NFTHoarder

· 01-06 10:46

3200 short position? I've been waiting for this level. I already said there would be a pullback. Geopolitical situations are really unpredictable; it's better to be cautious. My target is below 3000. This wave of market movement is a bit strange; BTC is extremely fierce. Bitcoin has been pushed up forcefully, while Ethereum has been suppressed. I'm optimistic about the bearish trend this time. Geopolitical issues are causing disruptions; who dares to hold heavy positions?

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CryptoGoldmine

· 01-05 11:50

The 3200 level is indeed interesting, but I'm more concerned about how the mining profit ratio is doing now. ETH's recent surge was too rapid, and the technical indicators look a bit weak. However, geopolitical factors are too many to predict, so it's better to watch more and act less. Short-term short positions can be considered, but I'm actually focusing on opportunities below 3000. From an ROI perspective, the potential looks pretty good.

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CoinBasedThinking

· 01-05 11:46

The 3200 level is indeed a bit precarious, but geopolitical situations are unpredictable. A short-term setup is fine, but I'm worried about another black swan event. ETH is still easily influenced by BTC; can it break free this time? Can 3000 really hold? It all feels like a fantasy. Caution is wise, but greed can't be stopped either, haha. Honestly, geopolitical factors are too hard to predict; I still trust technical analysis more. This wave of short positions carries some risk; I think it's better to wait before taking action.

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TokenTherapist

· 01-05 11:39

3200 this level is indeed quite attractive, but with such unstable geopolitical situations, who dares to hold a heavy position? --- Short positions sound good, but I'm just afraid of another black swan event. --- ETH's rise is satisfying, but now chasing the high still makes me nervous. --- Will the 3000 support level be broken again? History always repeats itself. --- Geopolitical risks are even harder to predict than technical analysis. --- Short-term 3120, long-term 3000... such a wide range, I feel like I should wait a bit longer before entering. --- Bitcoin has been so fierce these days, but Ethereum has been suppressed, which is quite interesting. --- Being cautious is right, but not entering the market also means missing opportunities, really conflicted. --- Every time I say I should be more cautious, but I still can't catch up with the gains, it's heartbreaking.

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