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January 13 Auntie's Market Outlook
The current price is close to the middle band of the Bollinger Bands, with the lower band at 3070. This range is a strong short-term support zone. If the price rebounds after testing the lower band and stops falling, it indicates sufficient buying strength below and is a key signal for a bullish move.
ETH is short-term declining, and although net inflow is negative, the decline has not broken through the key support. Additionally, the price has fallen from the previous high to near the middle band of the Bollinger Bands, leaving room for a technical rebound. You can consider building long positions at the support levels.
Auntie's Trading Suggestion: Pullback near 3070-3020, with an upward target around 3160-3250.