Ethereum was quoted at approximately $3,087 in the early morning of January 11th, a slight increase of 0.37% over 24 hours. From the trend, it appears to be oscillating within the 3050-3100 range in the short term, with no clear signs of breaking through yet.



On the technical side, the support levels below are quite critical — the 3050 to 3000 zone is the first line of defense. If broken, it may test lower levels. The resistance above is concentrated in the 3120-3150 range. To truly reverse the situation, the bulls need to effectively break through the 3150 resistance.

In the short term, it’s a standoff, waiting for a direction to be chosen.
ETH0.51%
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TokenSleuthvip
· 11h ago
Still fluctuating between 3050-3100. When will this stalemate be broken? Waiting to break the 3000 resistance line before entering the market; entering now is just inviting trouble. The key is whether it can effectively break through 3150; otherwise, it's the same old story. The 3087 level feels lukewarm; the bulls need to put in some effort.
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FancyResearchLabvip
· 11h ago
It's another situation where "it should theoretically break through." Luban No.7 is building walls back and forth between 3050-3100. I'll start with a small experiment—observe how long this wall can hold with an empty position.
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LiquidationTherapistvip
· 11h ago
Still fluctuating between 3050-3100. When will this stalemate finally end?
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0xSunnyDayvip
· 11h ago
It's the same old story, bouncing back and forth between 3050-3100. Come on, this is just the market with no direction. I'll buy the dip when it breaks below 3000. We've seen that 3150 level too many times. Stuck in a stalemate? This is what a bear market grind looks like, brother.
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