2026-01-18 08:25:08

ETH's recent movement is quite interesting. It quickly rebounded from the low of 3282 to around 3328, forming a temporary high, then clearly pulled back. Currently, the price is oscillating around 3310, forming a typical high-level consolidation pattern on the 15-minute chart.

Looking at the structural details, the high points from 3328 to the second high of 3316 are still gradually rising, and the lows from 3282 to 3296 are also moving higher, indicating that both bulls and bears are engaged in short-term tug-of-war. At this point, it’s important to pay attention to several key levels.

Upward, the 3320-3330 zone is a strong short-term resistance. If the price can really break above 3350 with volume and stabilize, the bearish defense would fail, potentially accelerating the upward move. Short positions should be stopped out promptly to avoid being caught off guard. Downward, 3295-3300 is the current support, followed by the previous low support at 3250-3260, and the final medium-term defense zone is at 3200-3220.

Honestly, this is currently a high-level consolidation market, with a significant probability of false breakouts and fakeouts. Whether chasing the rise or the fall, caution is necessary, and heavy positions should be avoided. Let’s wait and see if the short-term equilibrium can be broken.

ETH-3,59%

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CascadingDipBuyer

· 01-18 08:54

High-level oscillation is like this—sometimes a fake breakout, sometimes a quick dip. I just enjoy watching who gets caught holding the bag in this kind of market.

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TokenTherapist

· 01-18 08:50

A high-level consolidation is just a scythe harvesting field. I directly reduced my position to avoid the trap in this wave.

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AirdropHunterXM

· 01-18 08:49

High-level fluctuations are the most annoying, easy to get cut. --- 3310 is really a difficult position to break through, feels like it will be sideways for a long time. --- Have you set your stop-loss, everyone? Don't miss the opportunity and don't get caught in a spike. --- This market really, whether chasing up or down, can lead to losses. Better to wait for it to choose a direction. --- The 3200 support zone I marked long ago. If it really drops to that level, we'll have to see. --- The heavy holders are probably feeling uncomfortable now. It's better to be lighter. --- Let's see if 3330 can hold steady. If it can't, it will continue to fluctuate. Markets like this are the most exhausting. --- High-level consolidation is the easiest to fake a breakout. Be careful not to be fooled. --- That previous low at 3250 feels like real support. It probably won't collapse downward. --- With such a high probability of spikes, I really want to wait a bit longer before taking action.

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