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2026.01.20 $ETH Midday Market Analysis
Brothers, good noon. Just finished lunch and was about to share some benefits with everyone. I just checked the market, and before I could post it, ETH reached 3155, hitting the next target level for long positions.
Currently, the overall trend on a small scale is bearish, but on a larger scale, it remains bullish.
ETH is currently breaking downwards. The support zone is at 3118～3150, which has been reached. You can attempt a rebound long position, with a stop at 3050. Resistance on the rebound is at 3200-3230. If the price breaks through 3230 and stabilizes, there is a chance for a second surge, with target resistance at 3280-3300.
Watch out for short positions near 3300.
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