Beijing time January 20 morning, Ethereum is quoted around $3190, equivalent to about ¥22,320. The 24-hour decline is less than 0.5%, and the entire day has basically been testing within a range.
From the data, today's high is $3235.95, and the low drops to $3166.21. The circulating market cap remains around $385.453 billion, and the 24-hour trading volume is also decent, with a scale of 5.08 billion indicating sustained market interest.
On the technical side, neither bulls nor bears have shown a significant offensive. The resistance zone at $3280-$3300 is quite obvious; breaking through here could trigger chasing higher. The short-term defense line is at $3150-$3100; holding this level is good, but if broken, it could trigger a chain reaction. Currently, market sentiment is quite calm, with no clear directional expectation, and a strong sense of game theory.
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BearMarketSurvivor
· 22h ago
The market is in a box oscillation, testing our patience. The 500 million trading volume is holding up well, indicating that there are still people making moves here. I just think we shouldn't break the 3150 support line; once it's broken, things will get serious.
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ForeverBuyingDips
· 22h ago
Another day of consolidation, so boring.
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3280 can't be broken, feels like we need to keep grinding.
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Let's wait and see if we can return to around 3100, maybe there's a chance.
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Peaceful? I think no one dares to move, everyone is afraid of triggering a雷.
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With such trading volume, big players are definitely watching the show.
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No breakthrough, no rise; let's just keep waiting.
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The game is too obvious; retail investors are just the bagholders.
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Holding above 3150 is already good; don't overthink it.
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GasGasGasBro
· 22h ago
This consolidation is so boring, just waiting to see who breaks first.
Beijing time January 20 morning, Ethereum is quoted around $3190, equivalent to about ¥22,320. The 24-hour decline is less than 0.5%, and the entire day has basically been testing within a range.
From the data, today's high is $3235.95, and the low drops to $3166.21. The circulating market cap remains around $385.453 billion, and the 24-hour trading volume is also decent, with a scale of 5.08 billion indicating sustained market interest.
On the technical side, neither bulls nor bears have shown a significant offensive. The resistance zone at $3280-$3300 is quite obvious; breaking through here could trigger chasing higher. The short-term defense line is at $3150-$3100; holding this level is good, but if broken, it could trigger a chain reaction. Currently, market sentiment is quite calm, with no clear directional expectation, and a strong sense of game theory.