2026-01-12 10:25:15

ETH experienced a rebound after a significant decline on the 4-hour chart, but this rebound is unlikely to strengthen. Based on the rhythm, after the rebound reaches the next support zone, it is highly probable to hit the key level at 3100, and only then will the real downtrend begin. Looking back at recent rebounds, they have essentially been attempts to attract bulls and create the illusion of false breakouts. Instead of chasing high risks, it’s better to position for a short at higher levels. Currently, a bearish approach is more prudent, and it’s still timely to act after the rebound loses momentum and confirms weakness.

ETH-0.85%

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MoonRocketTeam

· 13h ago

This rebound is just a bait, true movement will be seen at 3100. Don't get sucked in. Shorts are the correct stance at this stage; wait until the weakness is confirmed before entering more safely. It's the same false breakout routine; the bulls are still being chopped up. Why are they trying to absorb chips again? The technical setup is obvious. Shorting has lower risk; I really don't understand the mentality of chasing highs. I see through this rhythm; just waiting for the moment when the rebound loses momentum. The 4-hour K-line speaks; the downtrend is indeed still ahead.

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OptionWhisperer

· 13h ago

Here comes the 3100 curse again? I think every time it's said like this, but what’s the result?

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RektCoaster

· 13h ago

The 3100 level is indeed risky, and it might be cut again.

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SleepyValidator

· 13h ago

It's the same old story again, always saying that 3100 is the key level, but what happened? Anyway, I'm not chasing this wave anymore, and the bears better watch out.

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