Ethereum's recent market trend needs to be carefully analyzed. In the short term, high-level oscillations with sharp rebounds and subsequent pullbacks are quite common, but the key is to recognize what kind of correction this actually is.



From the 4-hour perspective, the bullish structure is still intact, and the moving averages are trending upward. The important point is that during the pullback, the price did not break through the key trendline, indicating that there is support below holding the line. If this is just a normal correction after an upward move and not a sign of a top, then the approach would be different.

Looking at the 1-hour chart, it's quite interesting. The highs are continuously getting higher, which looks promising. But the problem is—resistance at the 3300 to 3320 level has been tested multiple times. Although trading volume is increasing, the continuation is weak. This is a position where short-term traders love to take profits, which can cause some bottleneck.

Now, examining support levels: 3230 to 3250 is the retracement zone on the 1-hour chart. If this level holds, it signals that the market remains relatively strong. Further down, the 3180 to 3200 range is even more critical—this is both a trend level on the 4-hour chart and an area with dense moving averages, giving it a dual role. This is a defensive line that the bulls must hold. Once broken, the bullish outlook will need to contract significantly.

Therefore, the current strategy is very clear: avoid chasing highs and wait for a low-level entry to buy in is the best approach.
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GasDevourervip
· 18h ago
The 3300 level is firmly stuck, it seems short-term funds are all fleeing here.
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LuckyBearDrawervip
· 01-07 10:35
Whether 3180 breaks or not is the real point; if it breaks, you have to run.
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SchrodingerGasvip
· 01-06 18:51
Breaking or not breaking at 3180 really says a lot; this is the key point in the game.
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GasWastervip
· 01-06 18:51
Nah, the 3300 level has been stuck for so long without breaking through. It feels like funds are being cashed out... If it weren't for the 4-hour trendline holding, I would have panicked long ago, to be honest. Just waiting for the 3180-3200 defense line. Once it's broken, the bulls are really done for. At that point, gas fees will surge again, and you'll have to queue up and pay high transaction fees to buy the dip. It's so frustrating.
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WenMoon42vip
· 01-06 18:44
This level 3300 is really a bit annoying; funds just love to run away here.
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GreenCandleCollectorvip
· 01-06 18:42
3180 is really the life and death line; if broken, you have to run away.
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NightAirdroppervip
· 01-06 18:37
3180 unbroken, continue to hold. If broken, I'm cutting losses and running.
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