#ETH Technical Analysis 🟢



K-Line Patterns:

Daily chart: Long lower shadow at 3081, showing strong buying support below 3100.

4-hour chart: Descending channel forming; current price nearing the lower boundary of the channel.

Technical Indicators:

MACD: Bullish crossover on the 1-hour chart, but still below zero; daily chart shows a persistent death cross.

RSI: 1-hour RSI(14) ~45, not yet oversold.

EMA: Price remains below EMA30 (3125) and EMA7 (3114), forming a death cross.

Volume Analysis:

Sharp drop at 09:00 saw volume spike to 30,533 but quickly faded.

Recent rebound shows weak volume (~4,000), indicating insufficient momentum to sustain a rally.

Summary:
ETH is testing key support levels near 3080–3100. Short-term rebounds may occur, but momentum is weak, and resistance at 3125–3130 remains strong. Traders should watch for a confirmed breakout or breakdown before entering positions.
ETH0,51%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
ybaservip
· 01-09 14:14
2026 GOGOGO 👊
Reply0
Discoveryvip
· 01-09 11:53
2026 GOGOGO 👊
Reply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)