Ethereum Market Observation on the Morning of January 6

On the 4-hour chart, ETH surged to around 3264 and then started to consolidate, showing some signs of a pullback, but this is actually a buildup before a big rally. The Bollinger Bands are quite interesting—the consolidation zone below the upper band shows the middle band gradually rising, with the price firmly above the short-term and medium-term moving averages. The support structure below is quite solid, and the bullish fundamentals remain intact.

The core judgment is straightforward: the bullish momentum is still strong, and this slight pullback is a good opportunity to accumulate at low levels. The trading strategy is to focus on low-position long entries.

Specific operational ideas:
✅ Partial position building range: 3180-3200
🎯 First target zone: 3300-3350
🚀 Breakout outlook: If the price stabilizes above 3350 with increased volume, it can be bullishly targeted towards the 3400 level