2026-01-18 10:32:18

Ethereum is currently reported at $3313, with a modest 0.72% increase over the past 24 hours, but trading volume remains solid at $11 billion, nearly half of yesterday's figure. The daily chart shows a typical oscillating upward trend, climbing from the $2800 range since early January. Although there have been a few minor pullbacks, the overall direction remains upward, and the current price is approaching a new high not seen since November 2025.

There are several signals in the market worth noting. The leverage ratio on a major exchange for ETH has approached 0.60. Historically, such leverage levels often lead to a 10%-25% rebound. The futures market's expectations are more aggressive, with some voices pointing toward a target of $4100.

However, caution is still advised in the short term. The $3040-$3100 range has accumulated over $500 million in net long positions. If the price returns to this zone, it could trigger a chain of liquidations, causing a rapid decline. This range is also recognized as a reasonable value area by many, so if the price revisits this zone, it could actually present a good low-level entry point.

ETH-3,67%

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LiquidityWitch

· 22h ago

Damn, the 11 billion trading volume doubled, this is truly the entry of hot money. Watch out for the $3100 level, when the liquidation market comes, it will definitely be a slaughter. The oscillation upward is like this; don't get too excited until it rebounds to $4100. Betting on a pullback to $3040, the spring for bottom fishers has arrived. Is the 0.6 leverage going to explode? It still looks like we need to watch a few more K-lines. This round of rally feels like it lacks genuine positive news; the purely technical surge seems a bit虚. $3313 continues to consolidate, next step is to see if it breaks or holds above $3200.

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ReverseTradingGuru

· 22h ago

Trading volume has doubled but still hesitating, can this wave push higher? --- Leverage ratio of 0.60 means a rebound? Historical patterns are unreliable, brother. --- $4100 is just for listening, don’t really believe what those futures guys are hyping. --- It's that same tactic of building positions on dips, easy to say. --- Having so many long positions between 3040-3100, it must be so satisfying to liquidate. --- Only a 0.72% increase and already claiming a bullish breakout, is this what you call an upward move? --- I bet it drops to 3000, who’s with me? --- Every time they say high leverage will lead to a rebound, but it ends up falling even harder. --- Increased trading volume doesn’t mean real buying power, just inflated figures. --- Those who built positions at low levels have become the bagholders, but don’t say that.

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MetaverseHobo

· 01-18 11:02

Leverage is at 0.6, if the historical pattern repeats this time, it would be hilarious if it stalls again. Trading volume doubled, but the increase is only 0.72%. That's ridiculous. What are the funds doing? $3040-3100 really drops, I'll just buy the dip and consider it a rebound. Listen, is $4100 possible? Don't just talk tough, watch and see. It's the "historical pattern" again. How reliable is this thing anyway? With 500 million in positions piled up there, a stampede could lead to bloodshed. I just want to know if this round can break $3500. Stop with all these illusions.

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zkNoob

· 01-18 11:00

Leverage is at 0.60? That means the market is coming, right? We have to wait and see if it can break through 4100.

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GasFeeCry

· 01-18 11:00

Haha, once I get back to 3100, I'll go all-in. Let's see who is still calling for a bear market then.

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SerumDegen

· 01-18 10:57

ngl the $3040-$3100 liquidation cascade waiting to happen is basically a free dip machine at this point... either we moon or everyone gets rekt, no in-between fr

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BasementAlchemist

· 01-18 10:45

Leverage is at 0.6... starting the show again, brothers, you need to be more careful. Wait, can it really reach 4100? I always feel like I’m about to get cut. That pile of positions at 3040... damn, it’s called a building point in a nice way, but in a harsh way, it’s a slaughterhouse. The so-called oscillating upward trend is just testing our psychological resilience, haha. The trading volume has doubled, really. Is the main force searching for chips or trying to smash it down? Who the hell knows. The number $4100 sounds a bit suspicious to me... Usually, when such expectations are set... If the rebound really happens, I’d go all-in with 25%, but the question is, will it happen? Will it happen?

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just_another_wallet

· 01-18 10:41

Leverage is at 0.6? That's so aggressive, I always feel that risk is waiting behind it. Wait for the pullback to 3040 before talking, then the chance to get in will come. 4100? Can it reach that? Maybe I'm overthinking it a bit, but I won't rule it out. With such a strong trading volume, retail investors are probably entering the market. Be careful not to get cut. The idea of a sideways upward movement sounds nice, but it's just grinding people down. $11 billion in trading volume—this wave of enthusiasm is indeed a bit interesting. Are historical patterns reliable? Why do I always operate in the opposite way? Seeing 3313 makes me a bit uncomfortable; just a little more and it would be a new high. That liquidation comment was hilarious. Building a position at low levels sounds simple, but actual execution is extremely difficult. Leverage approaching 0.6 isn't a good sign. Should I run first?

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