2026-01-17 06:25:41

Ethereum has been fluctuating between 3280 and 3380 these days. The 4-hour RSI still leans towards the bullish side, but trading volume is a bit sluggish, and market divergence is quite evident. From a medium-term perspective, the W-bottom pattern has already formed, with the 3300 USD level now acting as support. Resistance levels are at 3435 and 3600.

In the long term, continuous institutional inflows and various technological upgrades can provide support for Ethereum, but short-term correction risks should still be watched. The operational advice is—short-term quick in and out, don't be greedy; if you're optimistic about the future, wait for a pullback to buy on dips.

ETH-1,5%

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PrivacyMaximalist

· 01-20 05:49

The sluggish trading volume is a signal to us; this is when it's easiest to be shaken out. RSI is leaning bullish but the volume isn't following, same old story. We'll only know where the support is once 3300 breaks. W bottom pattern? To me, it looks more like laying floor tiles. Don't put too much trust in these patterns. Buying on dips is the right approach, but it depends on how low it goes. How about trying 3200? I'm a bit skeptical about the claim of institutional inflows; we need to look at the data before making any conclusions.

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