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January 6, 2026, Ethereum (ETH)
I. Key Support and Resistance Levels (Unit: USD)
- Support levels: First support at 3200 (key psychological level), second support at 3180, strong support at 3130 (yesterday's low).
- Resistance levels: First resistance at 3250-3270 (previous dense trading zone), second resistance at 3300, target at 3350.
II. Technical and Sentiment Analysis
- Daily moving averages show a golden cross, price stabilizes above 3200, bullish structure intact; four-hour MACD shows decreasing red bars, bullish momentum weakening, short-term consolidation needed.
- Market sentiment is neutral, leverage long positions are concentrated, caution against pullback risk.
III. Trading Strategies
1. Long Position Strategy
- Enter in batches on pullbacks to the 3200-3180 range with light positions, stop loss below 3170, target 3250-3270, break above for 3300, take profits gradually.
- If a strong breakout occurs above 3270 with increased volume, pursue small long positions with stop loss below 3230, target 3300-3350.
2. Short Position Strategy (Cautious)
- Encounter resistance and volume decline at 3250-3270, try small short positions, stop loss above 3280, target 3200, break below for 3180.
- Suitable for short-term trading only, quick in and out, strict stop loss, avoid holding against the trend.
3. Risk Management Points
- Position size: total position ≤30%, per trade ≤10%, avoid heavy positions.
- Stop loss: always set stop loss on entry, long positions not below 3170, short positions not above 3280.
- Correlation: closely monitor Bitcoin movements; if BTC experiences a significant pullback, reduce or exit positions promptly.
- News: pay attention to US crypto regulation bills, ETF capital flows, whale movements.
IV. Market Evolution Plan
- Breakout above 3270 with volume: continue upward, target 3300-3350, add positions on pullback to 3250.
- Fall below 3200: watch for 3180-3130, if rebound faces resistance at 3200, consider short positions.
- Sideways trading between 3200-3250: mainly observe, wait for clear direction before acting.