2026-01-02 02:22:09

Today's market liquidity is indeed somewhat poor, with ETH's daily volatility limited. This range-bound trading environment makes both longs and shorts prone to pitfalls. For friends holding no positions, it’s advisable to stay on the sidelines for now—don’t rush to buy in. Those already holding positions must set proper stop-losses and做好风险防守。

From the daily chart, the price has already broken above the upper middle band, and on the 4-hour chart, it’s still testing upward, with a potential to hit the previous high. However, Fridays are usually unpredictable, so be alert for sudden sharp breaks—once broken, don’t chase; the risk isn’t worth it.

**Key position references:**

Upper resistance: 3050/3080
Lower support: 2950/2880

**If bearish** — Short at 3050-3070, stop-loss at 3100, take profit around 2950-2920, and if it breaks 2920, continue to watch 2880.

**If bullish** — Long at 2950-2970, stop-loss at 2920, take profit around 3020-3050.

**Position opening suggestion**: Regardless of the direction, enter with a light position (2%-5%), don’t be greedy.做好防守，理性决策。

ETH-3,26%

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.

14 Likes

Reward
14
9
Repost
Share

Comment

0/400

AlwaysQuestioning

· 01-04 22:40

Friday's market is really easy to get pierced, let's wait and see I've already set stop-loss on my holdings, no chasing, the risk is too high Play with a light position, don't be greedy, this is the secret to survival If liquidity is poor, don't operate, just watch and don't jump on the train The resistance level at 3050 feels uncertain, if it can't break through, it has to be smashed The support at 2950 still needs to be defended, otherwise just look at 2880 and go Friday's market is already volatile, don't think about catching the bottom or a rebound

View OriginalReply0

gas_fee_therapy

· 01-04 20:19

Poor liquidity markets are the most annoying, and those who fall into traps are usually impatient. Let's wait and see; on Friday, during the devil's hour, there might be another spike.

View OriginalReply0

CoffeeNFTs

· 01-04 04:58

It's another choppy market like a sandwich biscuit, so annoying, both bulls and bears can get crushed. On this crucial Friday, I choose to stay flat and wait until next week. If it breaks 2920, just admit defeat; there's no point in entangling further. Light positions, light positions—this phrase is annoying to hear but indeed necessary; the greedy ones end up as bagholders. The 3050 level will be broken sooner or later, it just depends on whether it’s gentle or violent. Honestly, I never trade on Fridays; just the market fluctuations are enough to deal with, no need for more. When liquidity is poor, it’s easiest to get crushed; once you understand that, don’t get in. Stop-loss, when spoken nicely, is risk management; when spoken harshly, it’s paying tuition. Hope everyone pays less tuition.

View OriginalReply0

LayerZeroHero

· 01-03 19:04

Friday's market conditions are indeed tough. Poor liquidity causes quick breakdowns with small dips. I think it's better to stay on the sidelines for now and see how things develop tomorrow.

View OriginalReply0

YieldWhisperer

· 01-02 02:51

nah this liquidity situation screams "careful what you wish for"... the math on these support/resistance levels actually doesn't check out if you factor in real on-chain flows. seen this exact pattern in 2021 right before the rug got pulled.

Reply0

MEVHunterBearish

· 01-02 02:45

I hate this kind of low-liquidity market the most; it's easy to get trapped. People still want to trade on a cursed day like Friday—really brave.

View OriginalReply0

OnChainArchaeologist

· 01-02 02:45

Friday's market is indeed a bit frustrating, with poor liquidity making it uninteresting. I believe that 3050 won't break, and the bottom will rebound. --- It's another range-bound fluctuation. I'm afraid of getting cut at high levels, and worried about rebounds slapping me in the face. It's still more comfortable to stick to 2950. --- The suggestion of a light position of 2-5% is correct. That's how I do it, and it's better than anything else. --- Insert needle on Friday is too common. Just set your stop-loss properly, and don't chase risky orders. --- Honestly, with such poor liquidity now, it's better to wait until Monday to see what happens. Why rush now? --- The resistance level between 3020-3050 really can't hold. It feels like it needs to drop another wave before breaking through. --- Brothers who already hold positions, don't be greedy. Set your stop-loss according to the market, and prioritize risk awareness. --- Try testing the upper middle band for a few days, but really don't go all in. Take profits when it's good.

View OriginalReply0

TokenVelocity

· 01-02 02:42

Liquidity is poor in this market, so don't mess around. Wait and see. Breakouts should be exited immediately; there's no need to overthink. Friday was indeed restless; a quick dip wiped out everything. Keep your positions light; this time, you really need to control yourself. Respect the 3050 level. Try a small position around 2950 to test the waters. Again, the market is swinging unpredictably, so annoying. Stop-losses must be set properly; otherwise, you'll suffer losses. With such strong resistance at 3080, how can we break through? Both bulls and bears are gambling; I still think it's better to stay on the sidelines. If it breaks 2920, it will head straight to 2880, with no buffer. It's better to follow the advice of keeping positions light. Be cautious at this level on Friday.

View OriginalReply0

ContractCollector

· 01-02 02:24

I hate this kind of low-liquidity market the most, it's easy to get manipulated. Still, better to wait and see, don't follow the trend and rush in. Light positions, really no need to chase highs. Fridays are the most prone to sudden spikes, just break through and run. Breaking 2920 might lead to breaking 2880. In this wave, holding the stop-loss is the key. Why is this range-bound, frustrating market always like this? Both bulls and bears are uncomfortable. The 3050 resistance has been tested multiple times. If it can't break through, it might retest 2950.

View OriginalReply0