Ethereum Latest Market Analysis + Support and Resistance Levels Sharing！！！ #ETH $ETH

⚠️ Afternoon Red Alert: 3300 Fully Breached, Following BTC Break Downward
Latest Situation:
Falling Market: Reviewing our analysis at 1 AM, ETH was still consolidating at 3335. However, as BTC dropped below 94,400 and continued down to 91,800 in the morning, ETH once again demonstrated its vulnerability to “following the fall without leading the rise.” The price directly broke through the 3300 and 3250 support levels and is now struggling around the 3200 mark.
Pattern Breakdown: Losing the 3300 level means that most of the gains since the breakout on January 14 have been wiped out. The short-term pattern has shifted from “high-level sideways consolidation” to “unilateral decline.” Currently, at 3198, it is in an extremely weak zone.
Key Battle: The focus now is on 3180. This is the top of the consolidation box from January 10-12 and the last technical support during this correction. If it falls below 3180 this afternoon, ETH will head straight for 3100.
1. Support and Resistance Levels (Precise Calculation)
Short-term Support (1-3 days, after intra-day sharp decline)
3180: Immediate support (life and death line). The upper boundary of the previous consolidation range and the last counterattack point for bulls within the day. Falling below here will intensify panic.
3100 - 3120: Strong support (Golden Pit). The starting point of this month’s rally and a super round number.
3050: Extreme limit to prevent spike.
Mid-term Support (1-2 weeks, swing)
3000: Core bottom. The absolute bottom at the beginning of 2026.
2880: Major trend support.
2800: Deep decline target.
Short-term Resistance (1-3 days)
3250 - 3260: Immediate resistance (turning point from top to bottom). An important support broken this morning, now the first “lid” for rebound. A bounce here is likely to encounter resistance.
3300: Strong resistance. A psychological barrier, effectively broken through, with dense trapped orders above.
3350: Trend reversal point.
Mid-term Resistance (1-2 weeks)
3450: Swing target (temporarily difficult to reach).
3650: Major cycle resistance.
3800: Bull market target.