2026-01-06 21:23:37

ETH's recent upward trend has been a bit weak. After peaking at 3308, the price started to falter, and the 1-hour MACD has already turned negative and formed a death cross, which is not a good sign.

From the current price of 3240.50, although it is closely following the moving averages, the upward momentum is clearly lacking. The bears are beginning to stir, and the short-term correction pressure is quite significant.

From a technical perspective, many traders are shorting at this level—key resistance is at 3308. If it pulls back, the first short-term target is around 3180.71, with further declines possibly testing the 3132.58 level. Of course, stop-loss should be set above 3320; managing risk is the top priority.

Overall, the current environment is relatively friendly to the bears.

ETH-1,01%

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ContractFreelancer

· 10h ago

Lost the chain again, really annoying --- I'm tired of seeing the MACD death cross, can it drop to 3180 this time? --- The bears are eating meat, and we're about to be trapped again --- The 3308 hurdle wasn't held, it seems difficult later --- Something's off, I feel it will continue to push down --- Quickly withdraw if you're long, the trend has already changed --- Stop loss at 3320? That's a bit expensive, I need to think again --- Oh my, it just dropped after I bought it, really frustrating --- Can it rebound from 3132? Honestly, I'm not confident --- This wave of bears is really comfortable, the bulls should wake up

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HallucinationGrower

· 14h ago

Is it time to cut losses again? Don't joke around.

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AltcoinHunter

· 01-08 02:19

It's starting to fail again, I knew this wave wouldn't push up... I already set the stop loss at 3320.

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GasBandit

· 01-07 12:54

3308 can't be broken, it's a bearish celebration. I think 3180 needs to be watched.

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TopBuyerBottomSeller

· 01-06 21:53

3308 is hitting the top, and it's time to run. This market trend is indeed dull. The bottom-selling king is getting hit again, huh? Haha. With the MACD death cross, you really need to be cautious now. I'm keeping a close eye on the key level at 3180.

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BearMarketGardener

· 01-06 21:53

Dropped the ball again, this short position really feels comfortable.

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TheMemefather

· 01-06 21:53

If 3308 can't be broken, then it's time to run. This wave of bears is indeed a bit fierce.

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MagicBean

· 01-06 21:49

Here comes the bearish talk again, always the same routine.