2026-01-13 02:27:03

From the current market situation, ETH price has approached the middle band of the Bollinger Bands, with the lower band support at around 3070. This range is highly significant—it is not only a strong short-term support but also crucial in determining whether the price can stabilize here.

Once the price retraces to the lower band and successfully halts its decline, it reflects the strength of the buying pressure below. This signal is quite clear: there may be an opportunity to go long.

Recently, ETH has indeed been under pressure and declining. Although the capital flow shows a net outflow, the downward trend has not broken through those key support levels, which is worth paying attention to. Interestingly, from the previous high point to now, the price has returned near the middle band of the Bollinger Bands, opening up space for a technical rebound. At this point, it might be wise to consider establishing long positions near the support level.

Specifically, the opportunity to go long in the range of 3070-3020 is quite clear, with the target area above set at 3160-3250.

ETH6,92%

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LiquidatedDreams

· 01-13 02:56

Can the 3070 really hold this barrier, or does it feel like it's about to break again?

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ForkItAllDay

· 01-13 02:49

If we can't hold onto the 3070, we will have to rethink this rebound.

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MintMaster

· 01-13 02:47

The 3070 is really a trap. I keep getting stuck here every time. With net inflow still negative, how can I dare to buy the dip?

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LiquidityWitch

· 01-13 02:44

3070 is where the alchemy happens or it doesn't... that's the real test ngl

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4am_degen

· 01-13 02:30

The 3070 threshold must be maintained, or it will really break through.

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GasFeeCrier

· 01-13 02:29

3070 is really a key level, it feels like everyone is waiting for this move. If it can really stabilize, the short positions will probably have to admit defeat. The Bollinger Bands theory works well every time, but whether it can truly rebound is uncertain. Entering long positions at 3020 is a bit risky, better wait for confirmation. Net capital inflow being negative can still hold without breaking support, which is quite interesting. I don't really believe in the 3160-3250 range; it feels like a common expectation. Rebounds can happen but may not sustain, the key is whether institutions will step in to buy. If you ask me, breaking 3070 isn't a big deal; there are support levels further down.

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