2026-01-09 16:37:24

Ethereum is currently trading around $3,080, facing notable pressure with a 15% decline throughout the session. Trading activity remains robust at $19.56B, suggesting significant liquidation activity and volatility. The question now becomes whether this pullback represents a healthy correction or signals deeper bearish momentum. Technical traders are watching key support levels closely as the market approaches evening hours — will buyers step in to defend current levels or will we see further downside penetration? The high volume accompanying this move provides both risk and opportunity for positioning ahead of the next directional move.

ETH0.19%

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ruggedNotShrugged

· 22h ago

15% drop so fierce, is it real... it’s heartbreaking to watch --- Oh my God, is this the time to buy the dip or keep selling? --- The 19.56B trading volume is shocking, feels like someone is疯狂割肉 --- If the support level doesn’t hold, I’ll just run, don’t want to be trapped again --- By the way, can it really rebound this time or will it continue to bottom out? I’m a bit confused --- High trading volume combined with a sharp decline, is this an opportunity or a trap... --- Once again, I missed the chance to buy the dip, unbelievable --- Who is dumping so much at 3080, they must be extremely bearish

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GateUser-c802f0e8

· 01-09 17:07

Honestly, a 15% drop is a bit intense... The key is this trading volume; it feels like either a big wipeout or a perfect entry point. Really hard to predict.

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LowCapGemHunter

· 01-09 17:06

Whoa, another 15% drop? Is this really a buying opportunity or will it continue to decline?

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SerNgmi

· 01-09 17:04

15% decline... Is this really breaking the support or just a rebound? The trading volume of 19.56B is shocking. Who is actually liquidating heavily?

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MEVHunterNoLoss

· 01-09 16:53

15% decline... Is this really testing the bottom or about to break again? --- High trading volume isn't necessarily a good thing; the liquidation wave feels too strong. --- Can anyone tell me whether I should still be buying the dip? Feels like I'm always catching the middle of the mountain. --- If we can't hold the support level this time, I might find myself sleepwalking to 2900 tonight. --- The 3080 level is a bit tense... Let's see how the evening session goes. --- Trading volume is 19.56B, quite a few people are fleeing. --- Brothers, is anyone still buying the dip? --- Healthy correction? You're being too optimistic with that term haha. --- This afternoon, everyone was bearish, and now they're looking for support levels again. --- What I fear most in this kind of market is a false breakout followed by a rebound; the tricks are too deep.

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SudoRm-RfWallet/

· 01-09 16:50

A 15% drop is such a big decline; liquid explosion is really fierce... Let's see who dares to buy the dip at this price level.

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DefiPlaybook

· 01-09 16:44

According to on-chain data, ETH's recent 15% drop accompanied by a trading volume of 19.56B, and liquidation data warrants in-depth analysis — specifically, at which price levels are large liquidations concentrated? The first step is to confirm whether the support levels can truly hold, and only then can we assess the potential for a subsequent rebound.

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