Ethereum 4-hour chart shows a sideways to slightly bullish trend, with bulls building a base. The current price is around $3,156. In the short term, support at $3,100 is being tested for an upward push. Key resistance levels are at $3,160-$3,170, with a breakout potentially extending toward $3,200. Conversely, a decline below $3,100 could lead to a move toward $3,000.
Analyzing the 4-hour Ethereum price trend, the 4-hour candlestick chart indicates the price is oscillating within the $3,100-$3,170 range, with prominent upper and lower shadows, suggesting intense battle between bulls and bears. The daily chart shows signs of a slight pullback stabilizing, but with clear resistance above, especially around the previous high near $3,145, which faces selling pressure. The MACD on the 4-hour cycle shows DIF and DEA gradually converging, with the green bars shortening, indicating weakening momentum and a possible approach toward the zero line; the daily MACD remains in the lower region, with the trend not fully reversed yet. The 4-hour RSI is close to the 50 level, indicating a neutral market sentiment; the daily RSI has rebounded from oversold territory to between 43-54, with no extreme signals at present. The current price is close to EMA7 (3120) and EMA30 (3119), with short-term moving averages converging, making the trend unclear; EMA120 (3083) provides support below.
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.
Ethereum 4-hour chart shows a sideways to slightly bullish trend, with bulls building a base. The current price is around $3,156. In the short term, support at $3,100 is being tested for an upward push. Key resistance levels are at $3,160-$3,170, with a breakout potentially extending toward $3,200. Conversely, a decline below $3,100 could lead to a move toward $3,000.
Analyzing the 4-hour Ethereum price trend, the 4-hour candlestick chart indicates the price is oscillating within the $3,100-$3,170 range, with prominent upper and lower shadows, suggesting intense battle between bulls and bears. The daily chart shows signs of a slight pullback stabilizing, but with clear resistance above, especially around the previous high near $3,145, which faces selling pressure. The MACD on the 4-hour cycle shows DIF and DEA gradually converging, with the green bars shortening, indicating weakening momentum and a possible approach toward the zero line; the daily MACD remains in the lower region, with the trend not fully reversed yet. The 4-hour RSI is close to the 50 level, indicating a neutral market sentiment; the daily RSI has rebounded from oversold territory to between 43-54, with no extreme signals at present. The current price is close to EMA7 (3120) and EMA30 (3119), with short-term moving averages converging, making the trend unclear; EMA120 (3083) provides support below.
Key levels (support/resistance):
Support: short-term at 3100 (integer level), 3060 (previous consolidation zone), medium-term at 3000 (strong support)
Resistance: 3160-3170 (EMA60 + previous high), 3200 (psychological level), 3268 (Bollinger Band upper band)
1/12 Ethereum Stable Operation Strategy Suggestion:
Consider short positions near 3120-3130, targeting 3080-3050-3020.
This strategy is time-sensitive; follow the free guidance for implementation!$BTC $ETH #Gate储备金报告 #我看好的中文Meme币 #Gate广场创作者新春激励 #ETH走势分析 #BTC行情分析