2026-01-20 04:28:50

Ethereum has broken below the key mid-range support on the daily chart, and the lower boundary is facing a direct test. In terms of technical indicators, the MACD red histogram has significantly shrunk, and the DIF line is about to cross below the DEA, forming a death cross signal; the three lines of KDJ have turned downward simultaneously, with the J line entering the weak zone. Combined with the previous market performance of insufficient rebounds, the short-term trend shows a clear weak pattern. Based on price performance analysis, Ethereum is expected to continue declining towards the 3000 level.

Trading idea (for reference only, strictly adhere to stop-loss): Consider short positions around 3215 for Ethereum, and add to short positions if it rebounds to 3285. The lower targets are sequentially 3150 and 3030. Market volatility is high, and risk management is essential.

ETH-3.67%

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On-ChainDiver

· 4h ago

Another 3000? I feel like we're talking about 3000 every day haha, but it still depends on whether it can really break through.

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PebbleHander

· 4h ago

Can 3000 really be broken? Feels like the wolf is coming again --- MACD death cross and KDJK line turning around, this combo is quite fierce --- Wait, short after a rebound to 3285? This pace is a bit tight --- Breaking 3000 again, where should I set my stop loss --- Can the middle band breaking the lower band really hold up? Still feel like 3030 is also uncertain --- Shorting sounds easy, but in practice it always backfires --- Is this wave really weak or just a trap to scare longs? Hard to tell --- I'm a bit hesitant to position at 3215, let's wait for a rebound --- High volatility means high risk, better to observe first --- So is this the bottom or will it keep crashing? Can't quite tell from the analysis

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AllInDaddy

· 4h ago

It's breaking down again. Can it really drop to 3000 this time? Feels like every day there's a call for the next key level. --- Short position at 3215 needs to be entered quickly, but I'm still hesitant, waiting for a rebound to decide. --- MACD is showing a death cross again. We've been playing this trick for over a year. If you still believe in this, you probably need to cut your losses. --- Hey, have you all set stop-loss orders? I haven't set any, haha. --- Dropping to 3000 is really a bit risky. The bottom support feels much lower than this. --- Adding to the short at 3285 feels a bit greedy. If there's a rebound, I need to run; otherwise, I might get caught with a face slap at any moment. --- This wave is indeed weak, but the weaker it is, the easier it is to fake a move. Better to be cautious. --- 3150 is probably the real line of defense; 3000 is too optimistic.

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BearMarketLightning

· 4h ago

The death cross has appeared, I knew I had to leave. It's indeed time to short here at 3215.

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TokenomicsTherapist

· 4h ago

3000 is coming again. This time, I really can't hold on anymore. The bears are a bit fierce.

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GateUser-9ad11037

· 4h ago

If the 3000 level can't be held, this round of decline will really be quite fierce...