2026-01-18 08:21:45

The recent trend of Ethereum is indeed a bit frustrating; the prolonged sideways movement indicates a battle between bulls and bears. If ETH can surge to around 3400, it would be a good shorting opportunity. Consider looking for a position to short around that area. There might be some market movement tonight, but the key is whether it can effectively break below the strong support at 3150—once it breaks through here, the downside potential will open up.

ETH0,95%

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CryptoNomics

· 13h ago

lol, you're treating 3150 as some sort of magical barrier? *sigh* if you actually ran a regression analysis on eth's support levels across multiple timeframes, you'd realize this is just survivor bias talking. correlation matrix says otherwise, but sure, go ahead and fade that support level without examining the tokenomics fundamentals driving this consolidation.

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DancingCandles

· 13h ago

3400 is really an enticing short entry point; we need to hold above 3150.

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MidsommarWallet

· 13h ago

3150, will it break or not? Let's see if we can get a clear signal tonight. This sideways movement is really stifling.

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Whale_Whisperer

· 13h ago

3400 is really a great shorting point; I've been waiting for it. ETH needs to hold on a bit longer; if it can't break 3150, it might just stay sideways. Predicting a break below support again? Every time it's said, it bounces back... Sideways trading is so frustrating; it's killing me. Keep an eye on the 3150 key level; once it's broken, the space will indeed open up.

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just_another_fish

· 13h ago

3400 is really a sniper point, I am already prepared.

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MrDecoder