2026-01-18 19:22:16

From a technical perspective, Ethereum has stabilized around 3250 and is gradually entering an upward channel after finding support. Recent performance is worth noting: the price has repeatedly bounced along the lower boundary of the channel, then pushed towards the upper boundary, and more recently, it has accelerated through the upper boundary. This signal is quite clear — it indicates that the main upward wave trend has likely already started.

Looking at the moving average structure, the short-term, medium-term, and long-term moving averages are now showing a standard bullish alignment, further confirming the establishment of an upward trend.

From an operational standpoint, Ethereum can be considered for long positions in the 3280-3210 range. Target levels are sequentially 3400, 3500, with further resistance around 3600. Bitcoin remains strong as well, and the overall market sentiment is quite good.

ETH-3,32%

BTC-2,69%

View Original

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.

12 Likes

Reward
12
5
Repost
Share

Comment

0/400

ChainDoctor

· 8h ago

Here's another bullish analysis. The rebound at 3250 definitely shows some potential, but it depends on whether it can hold above 3400 to be considered valid.

View OriginalReply0

GasFeeSobber

· 8h ago

Coming back to trigger signals for us small investors? I'm already tired of these broken channel signals. Every time, they say the same thing, and then they hit the market hard during a dump. Wait, a bullish alignment... Maybe I should start with a small position first. After all, the 3210 support level is pretty solid. I think the main upward wave is actually the main sell-off wave haha. Anyway, I'll follow along first.

View OriginalReply0

BasementAlchemist

· 8h ago

Is the main upward wave starting? It looks a bit uncertain to me; we still need to see if 3280 can hold. --- It's another bullish arrangement and a breakout above the upper band... I've heard this kind of rhetoric too many times. --- Those target levels at 3400-3500 are a bit naive. Anyway, I'll set a stop-loss first. --- Currently, those entering long are just catching the bag; wait and see the reaction before acting. --- The moving averages look nice and neat, but who knows if it will retrace? Too exciting. --- I feel a bit weak this round. How long Bitcoin can stay strong remains to be seen. --- If 3250 stabilizes, it might take off? Prove it first, don't want another false breakout. --- Looks good, but I’ll wait for a confirmed candlestick before getting off.

View OriginalReply0

CryptoGoldmine

· 8h ago

The bullish alignment of moving averages is an interesting signal, but we need to wait for feedback from the computing power network to confirm whether this wave is a genuine upward trend or just another trap to lure in traders.

View OriginalReply0

SandwichVictim

· 9h ago

It's the same bullish alignment talk again. Last time I said this, I got smashed down to 3100, lol. 3600 resistance? Don't get ahead of yourself. Let's see if we can stabilize at 3400 first. If this wave repeats again, I really need to pause trading and take a break to cool off.

View OriginalReply0