ETH January 4, 2026 1-Hour Chart Analysis and Outlook

1. Overall Analysis and Outlook

1; Currently, ETH is in a high-level consolidation phase. Technical indicators show a still bullish trend, but upward momentum has clearly weakened. The bullish alignment of moving averages and the price staying above the moving averages create a strong bullish resonance, indicating that the overall market trend has not yet turned weak. However, the significant shrinkage in trading volume and the appearance of a Evening Star pattern suggest that the market may face short-term pullback pressure.

2; Regarding external factors, market sentiment remains neutral, with no obvious risk or positive catalysts. News-wise, inflows into spot crypto ETFs and Ethereum's technological progress provide some support, but outflows of major funds and regulatory expectations exert pressure on the market. Overall, the external environment's impact on the market is neutral, not providing clear directional guidance for price movement.

3; Based on the combined technical and macro environment analysis, the current market is in a high-level consolidation stage, likely to fluctuate within a range in the short term. Attention should be paid to the performance of key resistance and support levels.

2. Strategy Recommendations and Key Levels

Based on the above analysis, we propose the following range-bound trading strategies. Please consider your own risk preferences.

Strategy 1: 【Range – Short】
Entry zone: 3125 USDT (Resistance zone)
Stop-loss level: 3165 USDT
Target zone: 2995 USDT (Support zone)
Rationale: The current market is in a high-level consolidation. The resistance zone (3125-3157 USDT) has strong technical significance, and the shrinking volume along with the Evening Star pattern suggest insufficient upward momentum. Therefore, shorting near the resistance zone is a reasonable choice aligned with the current market pattern.
Failure scenario: If the price breaks above 3165 USDT with increased volume, it indicates a potential trend reversal to the upside, invalidating this strategy.

Strategy 2: 【Range – Long】
Entry zone: 2943 USDT (Support zone)
Stop-loss level: 2935 USDT
Target zone: 3108 USDT (Resistance zone)
Rationale: The current market is in a high-level consolidation. The support zone (2943-2975 USDT) has strong technical significance, and previous lows provide solid support. Going long near the support zone is a prudent choice consistent with the current market pattern.
Failure scenario: If the price falls below 2935 USDT with increased volume, it indicates a potential trend reversal to the downside, invalidating this strategy.

Disclaimer.
All content is for reference only and does not constitute any investment advice. The market carries risks; please trade cautiously and make independent decisions based on your actual situation.