1/7 Ethereum Trend Analysis and Sound Trading Suggestions:

Ethereum is currently in a high-level consolidation phase with a slightly bullish bias on the 4-hour chart, with a core range of 3200-3300. Short-term bullish momentum is weakening, and a pullback is expected to consolidate. Key support levels are 3180-3200, and resistance is 3300. Short positions opened yesterday and at midday have yielded consecutive profits! Analyzing the 4-hour Ethereum price trend, the recent price action within the 3200-3300 range has resulted in long upper and lower shadows, indicating intense competition between bulls and bears. Yesterday saw a large bullish candle breaking through the previous high, but subsequently retreated, and is currently in a consolidation phase. On the 4-hour MACD chart, the DIF and DEA lines are converging, and the MACD histogram has turned from positive to negative, indicating weakening short-term momentum; the daily chart remains in a golden cross state, indicating a bullish trend. The 4-hour RSI has fallen from overbought territory to around 55, suggesting a short-term correction; the daily chart remains below 70, not yet in extreme overbought territory. The EMA price is currently below EMA7 and above EMA30, with significant short-term moving average resistance; the EMA120 provides effective support, and the overall trend remains bullish. Support Levels: First Support: $3200 (Previous breakout platform, key support/resistance level). Second Support: $3180 (Today's pullback low, double technical support). Strong Support: $3100 (Previous top of the consolidation range, important defensive level). Resistance Levels: First Resistance: $3300-$3307 (Recent high, multiple failed attempts to break through). Second Resistance: $3350 (Weekly TBO fast line, important medium-term resistance). Ethereum Stable Strategy Sharing (1/7): Short positions are recommended around 3230-3240, with target prices of 3200-3160-3120. Strategies are time-sensitive; implementation should be based on free guidance.