As of January 12th, Ethereum is priced at $3156, maintaining its position as the second-largest in the crypto market with a market cap of $381.19B. The circulating supply remains at 120.69M ETH.



From a trading perspective, there are several defense lines to watch around this price level. Looking downward, the support levels at $3100, $3060, and $3000 are relatively solid. If the price breaks below $3000, further support levels need to be identified. On the upside, short-term resistance is concentrated in the $3160 to $3170 range, followed by $3200 and $3268.

The technical aspect is quite interesting — the 4-hour chart shows bulls still exerting effort, but the daily momentum is weakening, overall presenting a sideways to slightly bullish pattern. In this situation, the key is whether volume can increase to break through the resistance above; volume follow-through is crucial in determining the direction. In the short term, expect to see the price oscillate between support and resistance levels.
ETH1,33%
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EthMaximalistvip
· 8h ago
This 3156 level is really annoying here, I just want to see it push to 3200. If the volume doesn't follow, don't talk about breakthroughs, it's all fake. Let's wait until the daily momentum comes back; for now, it's just a repeated test of fate.
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Rekt_Recoveryvip
· 11h ago
ngl the $3000 support is making me sweat a little too much, been there before and it didn't end well lol
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FallingLeafvip
· 01-12 07:46
The 3000 level must be held; once broken, it will be really awkward... --- Damn, it's another fluctuation. When will we see a real rally? --- With volume not keeping up, all the support is just a paper tiger. --- Ethereum right now is like gambling. Will it break through the 3160 level... --- A market cap of over 380 billion still lingering here, it's a bit too boring. --- Waiting for volume, that's the hardest part. --- The daily momentum weakening is a dangerous signal... I'm starting to feel a bit scared. --- With a circulation of over 120 million and this price, there’s still room for imagination. --- Just testing back and forth in the short term, so boring. Maybe I should wait and see. --- Can 3268 be broken? I bet it can't.
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CryptoTarotReadervip
· 01-12 07:45
If the 3000 defense line is broken, I should consider how to cut losses. How likely is this wave of volume breakout? Sincerely seeking advice from everyone. The 3156 level feels too awkward, neither going up nor down. On the daily chart, the bullish momentum is still strong, but this combination feels a bit tangled. Waiting for volume; even if the volume increases dramatically, it’s pointless. Better to stay on the sidelines.
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Ser_APY_2000vip
· 01-12 07:44
Repeatedly dithering around 3156, it's really annoying. --- Trading volume must keep up, otherwise everything is pointless. --- Always bouncing between support and resistance, same old routine. --- Breaking 3000 is a hurdle, depends on the next two days. --- The daily chart shows the bulls are struggling to hold on, it's a bit risky. --- Market cap of 384 billion, make some pocket money through volatility. --- Only a breakout with increased volume has a chance, shouting alone is useless. --- Reaching 3268 would be pretty good. --- This wave depends on whether the trading volume can be strong enough.
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ZeroRushCaptainvip
· 01-12 07:42
Is 3000 coming again? I knew this thing would keep tormenting us here repeatedly.
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MissedAirdropAgainvip
· 01-12 07:39
3156 this price level is a bit awkward, stuck tightly on both sides --- Are we going to roll the dice again within the 3000-3200 range? So annoying --- The daily chart shows a decline, but the bulls are still holding on. No matter how you look at it, it seems like a sign of a potential crash --- Breaking out with volume sounds simple, but where is the volume now? --- I bet it will break below 3000, who wants to bet against me? --- Let's see if 3170 can hold steady. If it can't, it will head straight to 3000 --- If this wave can truly break through 3200, I will add to my position. Right now, just observing --- What’s the point of looking good technically? If there's a problem, it will still crash. If you need to run, you should run
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BearMarketHustlervip
· 01-12 07:21
If you can't hold 3000, you'll really panic. Now it's just waiting for an increase in volume.
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