#数字资产行情上升 January 7th midday market overview

Ethereum is still oscillating at high levels. After a recent surge, it has been moving sideways, with the price gradually climbing along the midline and moving averages. However, the 3300 resistance level is quite evident, and in the short term, the price is likely to fluctuate back and forth, with both bulls and bears having opportunities.

Looking at the Bollinger Bands, the upper band is around 3296, the middle band around 3246, and the lower band around 3196. The bands are contracting, and the price is moving between the upper and middle bands, with the middle band continuously rising to provide support. If the short-term dip tests the middle band but does not break below, it indicates a strong consolidation; if it breaks below the middle band, close attention should be paid to whether the lower band can hold.

On the MACD, the indicator is above the zero line, with the red histogram shrinking and fluctuating there. The fast and slow lines are near the high levels, suggesting that the bullish momentum is weakening, and a short-term correction phase is underway, awaiting a new directional confirmation.

Bullish operation strategies:
Place orders in the range of 3205–3180
Target levels: 3250–3320
Hard stop-loss: below 3160

Bearish operation strategies:
Place orders in the range of 3295–3320
Target levels: 3220–3170
Hard stop-loss: above 3345

Overall, $ETH is currently in a phase of high-level correction. The chart remains intact, so the short-term strategy is: avoid chasing rallies and panic selling. Focus on trading within this range, buying low and selling high. The key to operation is discipline, setting stop-losses, and waiting for signals. In a volatile market, execution is more important than luck. The rhythm of $BTC and $BNB is also worth paying attention to simultaneously.