2026-01-18 11:24:58

As of January 18th, Beijing time, Ethereum is hovering around $3,314, with a 24-hour increase of only 0.58%, trapped in a narrow consolidation range between $3,280 and $3,350. The market looks quite "tangled"—buyers can't push it higher, and sellers can't suppress it either. The one-hour chart shows a doji star pattern, indicating an imminent turning point.

In terms of key levels, $3,280 is a tough barrier to break through. This support has been confirmed multiple times, and its effectiveness remains. If the one-hour chart breaks below this level and the rebound fails to gain momentum, it could head straight for the $3,250 to $3,230 range. Looking upward, there is a dense trading zone ahead of $3,350, which is not only a previous high but also coincides with multi-cycle technical resistance. Only a volume-driven breakout could push it toward the $3,400 psychological level.

Technical details should not be overlooked. Moving averages around $3,293 to $3,296 are clustered together, forming a secondary support level. Although the MACD shows a small red histogram, it still fluctuates below the zero line, indicating that upward momentum is somewhat weak. Plus, with weekend liquidity generally low, these days are likely to remain volatile sideways. The key is to watch how trading volume cooperates—an increase in volume breaking above $3,315 could test the $3,330 to $3,350 range; conversely, a decrease in volume breaking below $3,290 suggests preparing to move closer to $3,280.

From a trading perspective, it’s advisable to stay calm, avoid chasing highs or panicking out. Bulls can consider entering lightly after stabilizing around $3,280 to $3,290, with a stop-loss just below $3,270. Bears should wait for a sign of resistance at $3,350 or an effective breakdown below $3,280 before participating. Regardless, risk management must be strict.

The market is brewing a choice: will Ethereum’s one-hour chart first push toward $3,350 or retest $3,280? Do you have a clear plan?

ETH-3.48%

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0xSleepDeprived

· 19h ago

It's the same tug-of-war again, so annoying. I just want a sharp rise or fall. If 3280 can't hold, I'll just run away. Really? MACD is still swinging below, and you're daring to boast about volume breaking through? Who are you fooling? Let's wait until the volume comes out; right now, it's all虚假的. I just want to ask, what's the probability of breaking 3350? Don't just talk without action. If liquidity is poor over the weekend, let's not mess around. Stop-loss at 3270 is too close; if I sweep it, I'll explode. Sounds good, but isn't it just gambling on the direction? When will the range of 3280-3350 be broken? It's really frustrating. What does it mean when moving averages are stuck together? It indicates that the big players are consolidating. Forget about technical indicators; in the end, it all depends on how the big funds move.

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SelfCustodyIssues

· 19h ago

Starting to get indecisive again, a typical oscillating market. Only when we break through 3315 with volume will I consider 3350; otherwise, it’s just riding down to 3280... Wait, is this moving average convergence preparing for a breakout? Liquidity is worse over the weekend, so be more cautious. If 3280 breaks, we have to look downward; stop-loss must be strictly enforced, or it will be uncomfortable to see a quick drop back to 3230. Honestly, it might be better to wait for volume confirmation at 3350 before entering. It’s a bit early to get in now. Without volume support, everything is pointless. That’s why I dislike this kind of choppy market...

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ReverseFOMOguy

· 19h ago

Breaking 3280, just go all-in on short positions, this wave is guaranteed to make money It's the same old oscillation theory, when will there be a market movement It's the weekend, why analyze anything, go to sleep brother Moving averages stuck together? Then just wait to be harvested Volume doesn't cooperate, everything's pointless, another day of being fooled by charts I just want to see a big bearish candle, stop messing around If 3350 can't be broken, I bet five eggs, that’s what the resistance level is for Volume shrinkage breaking down is the most annoying, easiest to be reversed and cut Stop loss at 3270? Too loose, should have exited long ago at this level Entering now is just sending money away, I choose to lie flat and wait for opportunities

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GateUser-c802f0e8

· 19h ago

This volatility is really annoying, bouncing back and forth between 3280 and 3350, can't see a clear direction. If 3280 can't be broken, the mindset will collapse. Still waiting for a signal. Volume-down declines are the most annoying; this is when it's easiest to get smashed. Poor liquidity over the weekend is just an excuse; actually, no one dares to take the risk. Only a volume breakout above 3350 is trustworthy; otherwise, it's all fake breakouts. What does it mean when the moving averages are stuck together? It means the big players are testing your patience. With MACD like this, still hoping for a rise? Dream on, everyone. Claiming to strictly control risk sounds good, but isn't it just telling you not to operate recklessly? If you don't have a clear plan, who the hell can predict this market condition? Instead of relying on technical analysis, it's faster to just bet on the direction directly.

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