ETH 4-hour K-line review: Price faces downward pressure, bullish momentum gradually weakens

【Crypto World】The recent 4-hour trend appears somewhat weak. From 2026-01-12 16:00:00 to now, the price has significantly declined compared to the opening, even breaking below the 12-point low level, performing worse than the same period the previous day. The candlestick shows a clear bearish pattern, with the last candle closing below the opening price, reflecting persistent selling pressure.

Trading volume is also lackluster—recent transactions have noticeably shrunk, much less than a few hours ago. This simultaneous decline in price and volume indicates one thing: market enthusiasm is waning, and participation is clearly insufficient.

From a technical perspective, the MACD remains in positive territory, but the histogram has been shrinking, indicating that the bullish momentum is gradually weakening, and the trend has not yet clearly reversed. The KDJ indicator is currently in a neutral zone (value 54), with no golden cross or death cross, suggesting the trend direction is still unclear. Interestingly, the MA10 is still above the MA30 (as of 2026-01-12 20:00:00), providing slight support with a small upward tilt, but the volatility is evident, and downward pressure remains.

Based on current technical analysis, key trading references are as follows: for long positions, consider entering around 3080.6 or 3068.0, with a stop-loss set at 3065.2; for short positions, consider entering near 3152.55 or 3144.0, with a stop-loss at 3168.31. Recent support is at 3068.0, resistance at 3144.0, the highest point at 3152.55, and the lowest at 3080.6.