Do you remember that period? A well-known public chain founder was doing promotional activities in Hangzhou, giving away 50 tokens upon registration. How are the guys who entered the market back then doing now?

Getting back on track, let's talk about the current market situation. As of January 18th, Ethereum is hovering around $3,310, with a 24-hour increase of 0.6%, bouncing back and forth around the key level of $3,300. Looking at the candlestick chart, the situation is as follows: short-term support is firmly held at $3,280-$3,300, with resistance at $3,450.

Market enthusiasm is still decent, with bulls slightly leading, but it's far from a frenzy. In the next few days (from the 19th to the 22nd), we can expect the price to fluctuate within the $3,250-$3,450 range. If it can hold above $3,450, it might attempt to push toward $3,500-$3,600, but that requires sufficient trading volume. Conversely, if it breaks below the $3,250 support level, it could slide down to find support at $3,150-$3,200.

Honestly, right now, there's a big divergence between bulls and bears. The key is to keep an eye on Bitcoin's movements—if it rises, we follow; if it falls, we often can't hold up either. Also, pay attention to institutional fund flows and macroeconomic news to avoid being caught off guard by sudden negative news. My personal advice is: regardless of your view, trade lightly, set stop-losses properly, and avoid greed.

Although the objective data isn't very optimistic, I still believe in the future trend. What about you? Feel free to share your opinions in the comments.