2026-01-15 19:23:31

Ethereum is showing a significant breakout from its 2-month symmetrical triangle formation. The token has reclaimed the $3,400–$3,600 resistance zone and is now eyeing the $3,800 level, aligning with the 200-day moving average. The daily RSI has pushed above 60, signaling strong momentum. For traders watching the upside, maintaining support above $3,200 is critical for a potential push toward $4,000. On the downside, keep an eye on the $3,000 and $2,700 support levels as safety nets. This technical setup presents an interesting risk-reward scenario for ETH positions.

ETH-1.01%

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Deconstructionist

· 14h ago

Still afraid at 3800? Go for 4000!

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LiquidationAlert

· 14h ago

Can this key level at 3800 hold? It still feels a bit uncertain.

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SandwichDetector

· 14h ago

It really needs to break $3800, huh? This time it's not a fake breakout...

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PumpStrategist

· 14h ago

The pattern has formed, but RSI is only around 60 and already starting to hype it up? I think the real risk hasn't been released yet. --- The support at 3200 sounds nice, but if it breaks once, it can break a second time. Typical retail investor thinking. --- The interesting levels are indeed interesting, but I don't know who will end up as the final bagholder. --- The 200-day moving average aligning with 4000? The chip distribution shows that some people have already started reducing their positions at high levels. Don't just look at the technicals. --- To those going all-in at 4000, I suggest you first check what the trading volume is telling you.

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ImpermanentPhilosopher