2026-01-08 06:21:19

Recently, many people have been discussing ETH's recent rebound, and the group is full of enthusiasm—when the 15-minute chart rises a bit, they start shouting "Stand firm at 3120, the bull market is back." But a close look at the 4-hour chart shows that the pullback from 3308 doesn't look like a good sign.

Currently, ETH is stuck around 3170, caught between a rock and a hard place. The 15-minute MACD has indeed experienced a golden cross, and the volume has somewhat modestly increased, but is that enough? Not necessarily.

Looking at it from another perspective—if the main force doesn't first push up, how can they attract new funds? How can they transfer the trapped chips around 3300 to others? This rebound from 3123 is essentially just a technical correction.

The resistance levels are very clear. Chips are heavily concentrated around 3200 and 3220, with a mountain of trapped orders. Would the main force kindly help you get out? Honestly, that's hard to believe.

Here are some operational suggestions:

In the short term, don't rush to chase longs at 3170; the upside is limited, and the downside risk is significant. The rebound itself is an opportunity, but the opportunity lies in shorting. If the price truly resists the 3200-3215 zone, that would be the best time to short—chips are densely packed at the top, and it's the most crowded time for chasing highs.

Set your support at 3255. Once broken, admit it. The first target below is 3120; if that can't hold, 3050 is just around the corner.

The essence of the market is a game of time and position. Whoever survives longer wins. This oscillating pattern tests patience the most. Impatient traders often get caught here.

ETH7,67%

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FOMOrektGuy

· 01-11 06:09

It's another wave of cutting leeks, and the main players are playing it slick. Retail investors really need to wake up; the 3200 level is just a slaughterhouse. The guys chasing longs at 3170, get ready to be repeatedly educated. Honestly, the logic of shorting is much more reliable than chasing longs; when the chips are densely packed at the top, it's time to strike. The real opportunity is never when you're the most excited.

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SneakyFlashloan

· 01-10 07:41

It's the same old story. As soon as it looks like a rebound, people start fantasizing about a bull market. Do they really think the main players are philanthropists? This wave is just a trap to lure more buyers. When chips are concentrated in certain areas, they immediately pull back. I don't dare to chase at 3170; I'll wait until 3200. That's when it will truly be a paradise for short sellers. Even after the main players finish accumulating chips, they will still dump on you. It's an old trick, and some people keep falling for it again and again. Never follow the crowd in crowded areas. That's the dividing line between making money and losing money.

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LiquidationKing

· 01-08 15:10

Here we go again, the main force pushes up and everyone believes in the return of the bull market. Wake up, everyone. --- That pile of chips at 3200 is really a huge pressure. If it doesn't break, don't even think about it. --- No doubt about it, when there's a rebound, you should short. Those chasing the high are doomed. --- I've seen many start going all-in at 3180, which is a classic fake breakout trap. --- The most annoying thing is the sideways pattern. Losing the spread and losing money to the point of mental breakdown is real. --- If the defense level at 3255 really breaks, then head straight to 3050. There's nothing good in between. --- This corrective rebound is really boring. Wait until 3200-3215; that's the real opportunity. --- The people in the group, whenever there's a 5-minute chart rally, start bragging, then get trapped one after another. --- Being stuck at 3170 is just waiting to be cut for the chives. Smart people have already exited. --- Shorting always feels more comfortable than longing, especially in such densely accumulated chips areas.

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screenshot_gains

· 01-08 06:51

3170 this hurdle really, when a bunch of people chase, I want to short. --- Do the big players really have such good intentions? Laughing to death, after playing this trick for so many years, some people still believe it. --- The most annoying thing about volatile markets is that it either goes up or down, don’t dawdle. --- If 3120 support at the bottom doesn’t hold, I’ll admit defeat directly, no need to hesitate. --- Those in the group calling for the return of the bull market are definitely already trapped now. --- Wait until 3215 to consider shorting, no need to rush now. --- With chips piled up like this, still want to get out? Dream on. --- Patience is easy to talk about, but if I can hold for two weeks, I’ll consider it a win.

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quietly_staking

· 01-08 06:51

3170 this position is indeed a bit awkward, the main force's tactics are too deep --- Here we go again, a bunch of people shouting bull market on the 15-minute chart, wake up everyone --- When chips pile up into a mountain, they want to be unblocked, probably just dreaming --- I just want to ask, why would the main force help you take the 3300 order? This logic doesn't make sense --- Is shorting actually an opportunity? This view is interesting, but we have to wait until 3200-3215 before daring to move --- Once 3255 is broken, I’ll accept it, no more tricks --- The oscillation is exhausting, this is the toughest test of mentality, really --- The rebound is a trap, don’t be fooled into chasing high --- Will 3050 really fall past? Feels a bit uncertain --- You're right, impatient people will definitely get burned in this wave, I already know several around me

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0xDreamChaser

· 01-08 06:50

It's the same old story again—when it rebounds, they hype it as a bull market. Wake up, buddy. These people really get excited at the sight of a green candle. Do you dare to chase after the 3200 trapped positions without clearing them? As long as the dense chip area isn't broken, a rebound is just a gift to the bears. Just wait and see. The main force's method of shaking out traders is like this. Don't get cut.

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MetaMuskRat

· 01-08 06:48

Coming with the same routine again? The old trick of the main force pumping to absorb chips, heard it a hundred times. The rebound is just an opportunity to short. I think this time it's also uncertain. Really didn't expect 3170 to be so stubborn. Breaking through 3200 requires a hard fight, otherwise it's just a hopeless rebound trapped in a range. Wait, can the 3255 support level really hold? It feels like it will drop quickly. At that point, we'll see if 3120 can hold.

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BearEatsAll

· 01-08 06:46

I won't blindly follow those small rebounds on the 15-minute chart. The main players' tactics are just like this: those who buy at the bottom will then buy at the top. The 3200 level is really tough; looking at 3255 just makes me want to laugh—defensive positions are already set here, if it breaks, you have to accept defeat. Actually, it's better to wait. There's no need to rush. Those who get caught in the volatility are always the ones trying to jump in quickly. The group of people shouting that the bull market is returning, let's meet again at 3050.

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