2026-01-08 06:28:31

Will Ethereum's follow-up rebound with Bitcoin be stable?

Based on Thursday afternoon's situation, the answer is quite positive. This wave of movement following Big Brother Bitcoin's rhythm still maintains a pretty consistent pace.

The dip in the early morning indeed startled many—dropping straight to a low of 3123, seemingly about to enter a downtrend, but then the buying momentum quickly stepped in, pulling it back to around 3156. Such low-level support ability indicates that the bulls still have strength.

A slight correction is not a bad thing; rather, it’s a normal adjustment during an upward trend. Technical signals provide a clear indication: MACD has already formed a golden cross and is rising, RSI remains in a strong zone, and the hourly chart clearly shows the bulls are still gathering strength. The overall trend has not been broken.

Practical trading idea: Consider going long at the 3120 level. The first target is 3200, and if the upward momentum is strong enough, it can directly push towards 3260. This price range will be an important resistance test point.

ETH1,34%

BTC0,79%

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CryptoWageSlave

· 01-11 04:03

That wave in the early morning scared me to death. Luckily, someone stepped in to buy in, or I really would have run away.

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ETH_Maxi_Taxi

· 01-08 14:01

That early morning plunge was really scary. Luckily, the buyers didn't drop the ball, or it would have been over.

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RugPullAlertBot

· 01-08 09:13

3123 That wave scared me to death, I thought it was going to plunge, but it was forcibly pulled back... Such a move, the bulls still have ammunition.

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SchrödingersNode

· 01-08 06:58

That early wave of sell-off was really intense, dropping straight to 3123 and causing psychological trauma. Luckily, the buyers stepped up, or else today would have been another day of cutting losses.

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Hash_Bandit

· 01-08 06:57

ngl that 3123 dump at 3am had me checking my hashrate twice... thought we were heading into another difficulty epoch reset scenario. but the way liquidity just stepped in? that's the network security holding up. bullish structure honestly

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SneakyFlashloan