2026-01-06 04:26:53

Ethereum's recent market performance has indeed been quite interesting. It was previously mentioned that it would be the first to break out of an upward trend, and recent days have indeed confirmed this. However, in terms of gains, it still appears somewhat conservative compared to Bitcoin.

From the daily chart, Ethereum is currently stuck near a resistance level. To continue upward, it needs to break above 3500. But it's worth noting that the recent upward momentum is noticeably weaker than Bitcoin's. This creates a correlated effect—if Bitcoin can continue to break through, it might give Ethereum a boost; conversely, if Bitcoin starts to correct, Ethereum is likely to fall back below 3000.

At this position, statistically, the probability of a pullback is higher than that of a breakout. Therefore, in terms of resistance, bears still have the advantage, though a small loss is recommended for attempting a short.

If you shorted at 3200 yesterday, just hold onto it now. If you haven't opened a position yet but want to short, you can enter directly at 3230, with a short-term target around 3130. For a more aggressive approach, aim below 3000.

ETH0,5%

BTC-0,39%

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AirdropGrandpa

· 01-08 19:10

Short positions are still reliable, but it depends on Bitcoin's mood, which makes it uncomfortable.

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ApeWithNoChain

· 01-07 10:59

Oh no, once again Bitcoin is leading the way. Ethereum is really looking a bit miserable. The short-term bait is indeed tempting, but those who didn't get in at 3200 might be feeling a bit regretful now. The resistance level really depends on Bitcoin's move; Ethereum is just like a little brother. If this correction really pushes down to 3000, then it might be a real opportunity. It seems like Ethereum's short-term fate is just to be a runner-up, which is really a bit annoying. Brothers who entered short at 3230, I wish you all the best. I'll just observe a bit more before making any moves. If Bitcoin drops, Ethereum will follow, and this correlated effect is indeed a bit frustrating. If I had known yesterday, I would have held onto my short at 3200. Now it's too late to say anything.

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LayerZeroEnjoyer

· 01-07 07:40

ETH still depends on Bitcoin's mood; this wave feels somewhat suppressed.

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SmartContractWorker

· 01-06 04:56

Once again, Bitcoin is leading the way. Ethereum really feels a bit frustrated; 3500 seems far away. The bears are indeed more stable, but I think a retracement to 3000 might be a bit optimistic this time. I didn't get in yesterday, and now at 3230 I'm still debating whether to follow in. Bitcoin sneezes, and Ethereum catches a cold—I've had enough of this feeling. I'm optimistic that there will be an independent wave later, but for now, I still have to follow the trend. It's always like this; waiting for Bitcoin's movement is too exhausting. In the short term, staying on the sidelines feels safer. See you at 3130.

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MidnightTrader

· 01-06 04:54

The short position can still eat another wave. The old brother's analysis is on point, just worried that Bitcoin might suddenly spike and rally. Bitcoin is too unstable, and Ethereum is suffering along with it. The short position entered at 3200 should indeed be held, this wave of pullback is a sure thing. The resistance level is just a trap, really hard to break through. Actually, it still depends on Bitcoin's mood; it's a bit helpless. Below 3000 is the real bottom; don't be fooled by the rebound. Ethereum is just Bitcoin's follower, haha. This wave of shorts is solid, aiming for 3130 is still too conservative.

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GateUser-ccc36bc5

· 01-06 04:54

Once again, Bitcoin is leading the way, and Ethereum is really lagging behind. The bears are still steady; just enter at 3200 and wait comfortably. If Bitcoin doesn't move, Ethereum will cool off. Go short directly at 3230, with a target of 3130 for sure. Again, betting on whether Bitcoin will break through or not, so frustrating.

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LightningSentry

· 01-06 04:41

Still waiting for BTC to rally? ETH looks so shaky, it seems like it's going to crash. The bears continue to hold their ground, see you at 3130. As soon as Bitcoin adjusts, ETH is doomed; this correlation is really intense. The short position entered at 3200 is tightly held; this wave must pull back. Getting a bit numb, ETH keeps following right behind; where's the independent market?

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TokenCreatorOP

· 01-06 04:31

This wave of short positions is indeed more stable, but the feeling of ETH and BTC moving together is becoming more and more obvious, which is a bit tiring.

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ContractBugHunter

· 01-06 04:28

It's the same logic again. When Bitcoin moves, Ethereum follows suit. It feels like Ethereum has somewhat become a follower.

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