ETH 4-hour chart in-depth analysis: Bullish momentum waning, key level trading opportunities emerging

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【CryptoWorld】ETH has shown typical signs of a strong correction in the past 4 hours. Compared to the high of 2026-01-11 12:00:00, the price has dropped significantly, but it rebounded from the low of 2026-01-10 20:00:00, forming a small bearish candlestick structure. The last candlestick closed below the opening price, indicating that the bears have slightly regained some ground. However, it is worth noting that trading volume has increased simultaneously, suggesting that this adjustment is accompanied by strong trading activity.

From a technical perspective, the situation is somewhat delicate. The MACD, in the context of no clear trend, shows the histogram still in positive territory but continuously shrinking, which means the upward momentum of the bulls is gradually weakening—a typical sign of the late stage of a strong trend. The KDJ indicator has issued a warning, currently at an overbought level of 86. Although there are no clear buy or sell cross signals yet, such extreme levels often indicate brewing correction pressure.

Regarding trading signals, based on the support and resistance analysis on the 4-hour chart:

Bullish entry points: The prices at 3080.6 and 3075.0 are two key entry levels, with 3075.0 also serving as recent support. Stop-loss for long positions should be set below 3065.2.

Bearish setup: Sell points are anchored at 3255.31 (recent high) and 3127.0 (recent resistance), with stop-loss for short positions at 3271.59.

Position summary: Currently, the nearest resistance is at 3127.0, and support is at 3075.0. The price is oscillating within this range. Considering the overbought KDJ and the diminishing MACD, the pressure above 3127.0 is quite solid, while the support at 3075.0 needs close observation.

ETH7,32%
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MonkeySeeMonkeyDovip
· 01-12 02:50
Bullish recession? Here we go again. Every time it's said, the price reverses and breaks through the support level.
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SignatureDeniedvip
· 01-12 02:48
Another overbought signal? I'm already tired of hearing these numbers.
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LuckyHashValuevip
· 01-12 02:48
Overbought... This wave is going to pull back. Can 3075 hold?
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GweiWatchervip
· 01-12 02:43
The bulls are about to get beaten again. Is it really possible to break through the 3127 barrier? It's truly uncertain.
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