Ethereum is currently trading around $3,336, and in the next 24 hours, it will probably fluctuate back and forth within the range of $3,200 to $3,400. The bullish pattern remains intact, but caution is needed for the possibility of a pullback.
From a technical perspective, the price has broken through the key resistance at $3,200. Above that, around $3,400, there are still the 100-day and 200-day moving averages stacked, creating dense resistance. Short-term breakout attempts may be somewhat challenging. On the downside, watch closely the two integer levels at $3,200 and $3,000. If the price falls below $3,000, it might test the $2,800 to $2,900 zone.
An interesting point in the capital flow is that Ethereum spot ETF saw a net outflow of $159.2 million in a single day over the past two days, while centralized exchanges experienced a net inflow of 10.58K ETH within 24 hours, indicating that many traders are indeed selling in the short term. However, the institutional foundation remains, and long-term demand has not disappeared.
For trading strategies, short-term traders can buy low and sell high within the $3,200 to $3,400 range, but stop-losses must be set properly. For medium to long-term holdings, consider entering in batches below $3,000. Also, don’t forget to monitor Bitcoin’s correlation and recent macro policy changes.
A reminder of the risks: crypto market volatility is high, and 24-hour predictions should only be used as a reference—they cannot determine investment decisions. Keep positions controlled, set stop-losses, and prioritize safety.
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just_another_fish
· 01-18 17:57
It's that damn price again, constantly fluctuating between 3200-3400, so annoying.
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GateUser-0717ab66
· 01-18 17:54
3200-3400 swings back and forth, it's the same old story again, depends on BTC's mood.
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Institutions are still bottom-fishing, retail investors are selling off, this contrast is really interesting.
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Wow, ETF net outflow of 150 million, I just want to know who's dumping.
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It's not too late to get in below 3000, why take the risk here.
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The bullish pattern hasn't changed, everyone is exhausted, the key is whether it will break below 3000.
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Short-term high selling and low buying sounds simple, but in practice, it's still being manipulated.
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Dense resistance is stacked there, breaking through 3400 is indeed risky, depends on macro policies whether they'll give an opportunity.
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From a different perspective, this ETF outflow might be institutions adjusting their positions, not necessarily a bad thing.
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I just want to ask, if it drops to 2800, will institutions completely withdraw or keep buying the dip?
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Again teaching people how to operate, the last sentence "being cautious first" is really interesting, then what's the point of trading?
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BlockchainWorker
· 01-18 17:40
The range between 3200 and 3400, I think it will continue to fluctuate... The 100-day and 200-day moving averages are stacked above, making a breakout quite difficult.
Wait, ETF net outflow of 1.5 billion but the exchange net inflow of over 10,000 ETH, is that a contradiction? That's interesting...
Institutions haven't run away, I believe that. I'm still optimistic in the long term. But in the short term, some people are definitely selling, so we need to be cautious.
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CommunityJanitor
· 01-18 17:38
The 3200-3400 range is really annoying, feels like repeatedly cutting leeks.
ETF withdrawals are so aggressive, but I see some people are still bottom-fishing ETH. It's good that institutions haven't run away.
Ethereum is currently trading around $3,336, and in the next 24 hours, it will probably fluctuate back and forth within the range of $3,200 to $3,400. The bullish pattern remains intact, but caution is needed for the possibility of a pullback.
From a technical perspective, the price has broken through the key resistance at $3,200. Above that, around $3,400, there are still the 100-day and 200-day moving averages stacked, creating dense resistance. Short-term breakout attempts may be somewhat challenging. On the downside, watch closely the two integer levels at $3,200 and $3,000. If the price falls below $3,000, it might test the $2,800 to $2,900 zone.
An interesting point in the capital flow is that Ethereum spot ETF saw a net outflow of $159.2 million in a single day over the past two days, while centralized exchanges experienced a net inflow of 10.58K ETH within 24 hours, indicating that many traders are indeed selling in the short term. However, the institutional foundation remains, and long-term demand has not disappeared.
For trading strategies, short-term traders can buy low and sell high within the $3,200 to $3,400 range, but stop-losses must be set properly. For medium to long-term holdings, consider entering in batches below $3,000. Also, don’t forget to monitor Bitcoin’s correlation and recent macro policy changes.
A reminder of the risks: crypto market volatility is high, and 24-hour predictions should only be used as a reference—they cannot determine investment decisions. Keep positions controlled, set stop-losses, and prioritize safety.