2026-01-12 09:33:02

ETH 1-hour chart: The performance on the first day of the new year was weak, failing to stay above the upper band of the Bollinger Bands.

How to view the short-term trend? Like this—unless ETH breaks through 3300, it’s hard to talk about a new trend. Currently, it is oscillating within the Bollinger Bands, a typical range-bound rhythm.

Key levels to remember:
• Resistance above: 3300. Only a breakout here can potentially trigger a new trend
• Central support: 3150. This is a psychological threshold
• Lower line: 3000. Be cautious if it drops further

The current strategy is clear—wait and see. Until it breaks above 3300, continue to trade high and sell low, and keep position sizes in check. If it breaks below 3000, consider risks carefully. Progress gradually, don’t rush.

ETH-1,83%

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LayerHopper

· 17h ago

It's the same story again, if 3300 doesn't break, there's no hope. How many times have I said it... I've long considered 3150 a cash machine, buying and selling back and forth.

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