The recent market analysis has been somewhat interrupted these past two days, but ETH's movement has provided quite a few clues. Recently, the 1-day chart has touched the zero axis again, which has always been a point of contention between bulls and bears.
From the perspective of the 2-day chart, there is still some hope. Although there is short-term resistance, a breakthrough is not entirely impossible. The key is whether it can hold the support below—especially the range between 3077 and 3050, with the 3010 line still nearby.
Currently, the 12-hour chart has already turned red. If these support levels can hold, there is still a chance to challenge the pressure zone of 3155-3177. Of course, whether it can break through depends on trading volume and subsequent trend cooperation. This position is worth paying close attention to.
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WealthCoffee
· 01-06 09:15
The zero axis is back again, always messing with people. Can it break through this time?
If it can't hold above 3077, then 3010 will be the next target. Truly exciting.
The 12-hour chart turned red, but the trading volume still feels a bit fake.
Can 3155 push through? I bet it will oscillate repeatedly.
This market really tests your mentality.
If the support level breaks, it's straight to dream shattered.
Watch the trend and the situation, I'm just observing for now.
If it breaks down, it might plunge, are you prepared?
Wait, is there really a chance this time, or is it just another cut of the leek?
View OriginalReply0
BrokenRugs
· 01-03 09:49
Another risky zero-line situation, every time I have to hold the 3077 threshold
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In 12 hours, it turned red again, now let's see if 3050 can hold
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If it can't break 3155, I won't believe it. What about the trading volume, everyone?
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If this support level collapses, it will head straight to 3010
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Is it time to gamble when touching the zero line? Or wait and see the trading volume
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The 2-day moving average still has a chance, these few key levels are crucial
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Holding the 3077-3050 range is essential, or it will be more awkward later
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Turning red is just the beginning; whether it can break through the resistance level is the real point
View OriginalReply0
CrossChainBreather
· 01-03 09:41
The zero axis is back again, every time this level is a gambler's paradise.
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If 3010 breaks, let's just lie flat.
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Let's wait until the volume picks up; right now it's all a fake-out.
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Thinking of breaking through after a 12h green is too naive, brother.
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Support must hold to have a chance; otherwise, it's just a bull celebration.
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That line at 3155 is too far away; better not think too much about it for now.
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When will this lousy market see a real surge?
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Trading volume is the decisive factor; technical analysis is useless.
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It's the zero axis again, and support levels too; the tricks are still the same.
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Lying on 3050 watching the market, feeling like it's about to collapse.
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If it can't break 3177, I’ll pretend I never saw this analysis.
View OriginalReply0
AirdropHunterWang
· 01-03 09:41
The zero line is back again. Can it break through this time? It doesn't seem very likely.
If ETH can really hold above 3050, I'll go all in. Don't let it drop back down again later.
Turning red in 12 hours is fine, but the key is still the volume. Without volume, everything is meaningless.
The resistance at 3155 is too strong. The chances of breaking through this time are really slim.
Support has been broken, so what's there to talk about breaking through? I think we should look down to 3010.
View OriginalReply0
GweiObserver
· 01-03 09:31
The zero line is back. The real question this time is whether we can hold the 3077 level.
The recent market analysis has been somewhat interrupted these past two days, but ETH's movement has provided quite a few clues. Recently, the 1-day chart has touched the zero axis again, which has always been a point of contention between bulls and bears.
From the perspective of the 2-day chart, there is still some hope. Although there is short-term resistance, a breakthrough is not entirely impossible. The key is whether it can hold the support below—especially the range between 3077 and 3050, with the 3010 line still nearby.
Currently, the 12-hour chart has already turned red. If these support levels can hold, there is still a chance to challenge the pressure zone of 3155-3177. Of course, whether it can break through depends on trading volume and subsequent trend cooperation. This position is worth paying close attention to.