2026-01-16 08:30:53

The bullish momentum of $ETH is still ongoing!

On the four-hour chart, after experiencing a pullback, the price confirmed the support and then turned into a series of green candles to move upward. This support level will rise along with the price, which not only suppresses the downward space for the bears but also provides a solid foundation for the bulls' rebound and counterattack.

Switching to the one-hour chart for details. The price quickly bounced back after dropping to the lower band of the Bollinger Bands, and in the short term, it has tested the support zone around 3280-3250 three times but has never broken below it. This signal is quite clear—the bottom support is quite solid.

ETH-0,47%

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GateUser-9f682d4c

· 9h ago

With such stability at the bottom, the bulls can continue to enjoy easy wins.

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RetailTherapist

· 9h ago

With such a solid bottom, how can there still be people shouting about a breakdown every day?

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ColdWalletAnxiety

· 9h ago

The bottom is so stable, it feels like the bears are out of strength Once again, it reached 3250, rebounded three times but couldn't break through, it seems to be truly supported It’s turning bullish with consecutive green candles, this rhythm is a bit something Support lifts and lifts again, the bulls are fighting fiercely Three attempts to break below but fail, then quickly reverse, this move is quite aggressive

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