2026-01-02 10:21:26

Recent movements of Ethereum have attracted considerable attention. A well-known figure in the crypto space has significantly reduced their ETH holdings and shifted to other asset allocations. Actions by such major players often ripple through the market. Meanwhile, Ethereum's dominant position in the DeFi ecosystem continues to strengthen, and although competing blockchains are catching up, they still find it difficult to close the gap, which supports ETH's fundamentals.

From a technical perspective, ETH is currently priced at $3040.39, with a clear bullish sentiment. The RSI reading is 54.4, indicating a neutral to slightly strong zone, reflecting that the market has upward momentum but is not overheated. The key level here is the breakout point at $3086—once this level is surpassed, the upside potential will further open.

Analyzing the current support and resistance levels: the support at $2979.58 is relatively solid, while the resistance at $3101.2 is clearly defined. From the breakout point at $3086, it is evident that this level holds significant technical importance.

From a trading standpoint, the current strategy is to maintain a stable position and observe the market. If the price effectively breaks through $3086, consider adding to the position, with an initial target near the resistance at $3101.2. For risk management, set a stop-loss at $2979.58; if this support is broken, exit promptly to limit losses.

ETH is indeed at a critical juncture at this stage. The future trend will largely depend on whether a valid confirmation of the breakout above $3086 can be established. What are your thoughts on the current market? Feel free to share your observations and trading ideas.

ETH4,02%

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BasementAlchemist

· 14m ago

Large holders reducing holdings... Is it the same old story? Feels like every time they mention a key level, it crashes. Breaking 3086, can it really take off? I’m skeptical. DeFi ecosystem is impressive, that’s true, but it doesn’t directly translate into price. Just want to hear everyone’s thoughts. Last time I heard similar analysis, the support level was broken through, so now trading needs to be more cautious. ETH still depends on macro factors; sometimes technical indicators and these numbers just aren’t enough. Let’s wait and see, no rush to add positions. As long as the stop-loss is set properly, it’s fine. Feels like $3086 has been talked about to death; institutions must know too. Just worried about a false breakout.

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GmGnSleeper

· 8h ago

Large holders reducing their positions is probably a sell-off. The DeFi ecosystem remains strong, but whether this wave can break through 3086 depends on how the capital flows look.

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RugPullAlertBot

· 8h ago

Large holders reducing their positions, just reducing their positions. The DeFi ecosystem still depends on ETH, I won't deny that. Forget it, I'll still wait for $3086. I don't dare to chase at 3040. If it can't break through 3086, I should consider stop-loss. My psychological price is around 2979. Does anyone else feel that the RSI 54.4 data is a bit awkward, neither up nor down? Mainly, it depends on whether it can effectively break through. Until then, it's all just talk on paper. Reducing holdings and shifting to other assets? It shows that large holders are also not optimistic about the recent market. If it were really going to rise, it should have broken through 3086 long ago. Why is it still dithering now? I bet ETH can break above 3086, then head straight to 3101.2. What about you all? Target 3101.2? That's a bit conservative, it should be around 3200.

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RegenRestorer

· 8h ago

I'm tired of the big players running away with this trick. DeFi ecosystem is strong, but the key is whether 3086 can hold steady. --- The position at 3040 is actually meaningless. Only breakthroughs of resistance are worth paying attention to; otherwise, it's all illusion. --- I think setting the stop-loss at 2979 is quite tight. If this round really crashes, how can it be tolerated? --- RSI54 is still neutral, indicating no one is really taking action. Let's wait and see. --- Does anyone think this guy's reduction of holdings is just dumping? I actually see it as bearish. --- Adding positions and following up should wait for confirmation. Don't get caught and feel uncomfortable. --- ETH is like this now. It was so hot before, but now no one is talking. I almost forgot this thing still exists. --- Target 3101 is too close. Usually, in this kind of market, you need to push higher to be satisfied. --- Maintaining a stable position is correct. Don't mess around. The market is so unpredictable.

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ImpermanentPhilosopher

· 8h ago

Whale selling off? I don't get it. The DeFi ecosystem is so strong, why run? The key point at 3086 must be broken, or it's all pointless. ETH is still interesting; let's see if it can break through. If it really drops below 2979, I have to run; can't be greedy. Honestly, the market is a bit stuck now; I think we need to wait for a signal. I'm not worried about whales running away; the DeFi ecosystem is still here. RSI54 is a bit interesting; there's still room to rise, right? I feel like 3086 will be a watershed; if it can't break through, it'll just range sideways.

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faded_wojak.eth

· 8h ago

Large holders reducing their positions? This guy is either disillusioned or paying tuition, anyway I’m not selling haha This 3086 level really needs to be held, it feels like this position can determine the subsequent rhythm DeFi leaders are just that, no matter how other public chains jump around, they’re just that, so going all in is just for peace of mind

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