Last night's rebound with decreasing volume and increasing decline is quite interesting — the main players are taking advantage of BTC's rebound to offload, with heavy selling pressure in the 3150-3200 range where chips are concentrated. The current strategy is to lightly short around 3140-3160, with a stop loss at 3200, targeting around 3080.
The key technical support is at 3080, with resistance at 3160. This wave tests the market's correlation — ETH's inability to follow BTC's rise is evident, and once BTC pulls back, ETH often breaks down first. So if Bitcoin starts to correct, be prepared in advance and avoid getting confused by repeated shakeouts.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
20 Likes
Reward
20
7
Repost
Share
Comment
0/400
NFTRegretter
· 01-07 23:02
The main force's current dumping strategy is indeed ruthless; those following BTC's rebound will have to take the hit.
View OriginalReply0
TokenVelocityTrauma
· 01-07 21:52
Whenever Bitcoin moves, ETH follows and gets wrecked. I'm tired of this routine haha
View OriginalReply0
BlockchainBouncer
· 01-06 08:35
The main force is selling so obviously, I thought it could go up a bit more.
Wait, can your 3080 really hold? It feels risky.
It's also linked to BTC. When will ETH be able to move on its own and lead the market?
3150-3200 dead pressure, these main forces are too ruthless.
I'm mentally prepared for a break below, anyway, it's not the first time.
The stop-loss at 3200 feels a bit tight, but a small position is okay.
If Bitcoin pulls back, ETH definitely can't escape. It's always like this, really annoying.
View OriginalReply0
Degen4Breakfast
· 01-05 01:29
Whenever Bitcoin moves, ETH drops along with it. The correlation is really strong, indicating that the main players are still unloading in volume. Whether the 3080 support can hold is the key.
View OriginalReply0
GasGuzzler
· 01-05 01:24
Main players are selling off so obviously, and people are still buying in. Laughing to death, just wait to be shaken out.
View OriginalReply0
Blockwatcher9000
· 01-05 01:20
The main force is selling so obviously, and there are still people daring to chase the rise? If 3150 can't be broken, just wait to be smashed.
View OriginalReply0
ContractBugHunter
· 01-05 01:01
Here comes the chopping of leeks again, it's really annoying to repeatedly test the 3150 threshold.
#数字资产动态追踪 ETH Midday Market Analysis
Last night's rebound with decreasing volume and increasing decline is quite interesting — the main players are taking advantage of BTC's rebound to offload, with heavy selling pressure in the 3150-3200 range where chips are concentrated. The current strategy is to lightly short around 3140-3160, with a stop loss at 3200, targeting around 3080.
The key technical support is at 3080, with resistance at 3160. This wave tests the market's correlation — ETH's inability to follow BTC's rise is evident, and once BTC pulls back, ETH often breaks down first. So if Bitcoin starts to correct, be prepared in advance and avoid getting confused by repeated shakeouts.