January 25, 2026 ETH Technical Analysis (as of 12:00, UTC+8)

- Current Price: approximately $2,952 USD, narrow intra-day fluctuations, slight bearish consolidation, highly correlated with BTC.
- Key conclusion: Short-term oscillation leans bearish, critical support at 2,940/2,900, resistance at 2,970/3,000; avoid breakout with volume, focus on range-bound high selling and low buying.

Key Price Levels (USD)

- Support 1 (Strong): 2,940 (intraday low/short-term dense trading zone)
- Support 2 (Strong): 2,900 (psychological threshold/mid-term lower boundary)
- Support 3 (Strong): 2,850 (previous low/trend support)
- Resistance 1 (Strong): 2,970 (intraday high/short-term resistance)
- Resistance 2 (Strong): 3,000 (psychological threshold/mid-term dense trading zone)
- Resistance 3 (Strong): 3,030 (short-term holder cost line)

Indicators and Patterns

- Daily Chart: Price below **EMA50(2,970)**, weekly chart bearish, mid-term pressure.
- 4H Chart: RSI(14)=43-45, neutral to slightly weak; MACD below zero line, bearish momentum not exhausted, no obvious divergence.
- 1H Chart: Narrow fluctuations, declining volume, significant bullish-bearish divergence, awaiting direction.

Trading Strategies

1. Short-term: Try long positions lightly at 2,940-2,950, stop loss at 2,930, target 2,965-2,970; try short positions lightly at 2,965-2,970, stop loss at 2,980, target 2,950-2,940.
2. Mid-term: Break below 2,900 with volume, follow the trend to short, stop loss at 2,920, target 2,870-2,850; stabilize above 3,000 with volume, go long, stop loss at 2,980, target 3,030-3,050.
3. Risk Management: Position size ≤20%, strict stop loss; low liquidity on weekends, avoid heavy positions, monitor US market volatility.

Risk Warning

- Macro: Federal Reserve policies, BTC correlation risk, may trigger liquidity contraction and selling pressure.
- Technical: Weekly bearish signals not yet解除, breaking key support may accelerate downward movement.