The market has recently shown some signs of movement. Let's review the trend of Ethereum.


The current issue is the lack of effective driving force. Technically, the 30-minute chart shows some breakout signs, but the increase is insufficient, which is quite awkward. Trading volume remains relatively weak, directly leading to a mismatch between price and volume, resulting in a continued downward consolidation on the daily chart.
Specifically, the short-term resistance level is in the 3180 to 3200 range. If you are considering short positions, you can try to position around this area, with a stop loss set at 3250 for better safety. The support below is at 2950, which is a critical level. If the market continues downward, the target roughly points in that direction.
ETH1%
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ApeShotFirstvip
· 01-05 21:43
It's another situation where price and volume are not aligned. This market is so boring! I just want to know if 2950 can hold. If this support level breaks, we will have to keep looking downward.
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HackerWhoCaresvip
· 01-04 18:09
The momentum is too weak, this market is boring, let's wait for the distribution.
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PortfolioAlertvip
· 01-04 06:22
When price and volume are not aligned, it's awkward. Are everyone expecting a drop to 3200?
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GweiTooHighvip
· 01-03 10:51
The price and volume are not matching up again, same old story. Better wait before shorting.
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LiquidationAlertvip
· 01-03 10:49
The pattern of price and volume not matching, I'm too familiar with it. Do I have to wait for a breakout again? I'm already fed up.
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New_Ser_Ngmivip
· 01-03 10:46
The mismatch between price and volume is really annoying; it feels like ETH is just dawdling there.
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MoneyBurnervip
· 01-03 10:44
The mismatch between price and volume, ah, I hate it the most, getting caught after jumping in directly. Should I try shorting at 3180? I'll still wait, I have a feeling this breakout is a bit fake.
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CodeAuditQueenvip
· 01-03 10:39
The mismatch between price and volume is similar in logic to re-entrancy attacks in smart contracts. On the surface, it looks complete, but in reality, there are many hidden pitfalls... Be cautious of the 3180-3200 resistance level.
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