ETH 4-Hour Chart Technical Analysis: Trading Opportunities Under Bearish Dominance

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【CryptoWorld】Ethereum has shown a divergent trend within the past 4 hours. Compared to the high point at 16:00 on January 7, 2026, the price has pulled back but remains at a high level compared to 12:00 the previous day. The last candlestick is a bullish one, with the closing price exceeding the opening price, indicating that the bulls are testing the waters. However, overall, trading volume has significantly shrunk, market activity has cooled down, and the market appears somewhat quiet.

On the technical side, the MACD shows a clear bearish signal—the histogram remains negative and is gradually lengthening, indicating strong bearish momentum. The KDJ indicator is currently in the neutral zone (KD value 34), with no golden cross or death cross, reflecting a temporary balance between bulls and bears. Notably, the MA10 has already fallen below the MA30, confirming this downward trend at both 16:00 and 20:00 on January 7. Volume-price divergence further confirms market weakness—price declines accompanied by shrinking trading volume.

Looking at specific price levels, recent support is around 3116.0, with the lowest point near 3090.5. Resistance is at 3297.0, with the recent high at 3296.84. Based on technical analysis, several key trading zones are worth noting: the first buy-in point for long positions is at 3010.28, the second at 3093.00, with a stop-loss set at 3075.05. For short positions, the first sell point is at 3297.0, the second at 3326.84, with a stop-loss at 3313.32.

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BoredStakervip
· 17h ago
Can 3116 hold? It feels like it will drop further.
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BlockchainArchaeologistvip
· 01-08 21:03
The bearish trend is so obvious. I think the long-short balance is a joke... Can 3116 hold up?
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WalletWhisperervip
· 01-08 02:50
The bearish trend is so obvious, I will still wait and see. Only consider bottoming out if 3116 breaks. Entering now is just giving away money.
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FancyResearchLabvip
· 01-08 02:50
Talking about a short signal again? Theoretically, it should be feasible, but I bet five dollars that retail investors will still buy in after reading it. In the 3116 to 3297 range, Luban No.7 is under construction again. I'll first try this smart trap.
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GasFeeCriervip
· 01-08 02:50
Is this support level at 3116 really solid? It feels like it could break at any moment.
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FallingLeafvip
· 01-08 02:44
The bearish trend is so obvious, why do I feel like it's still testing repeatedly?
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BlockchainRetirementHomevip
· 01-08 02:41
Can the 3116 support hold? Feels a bit weak this time.
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TerraNeverForgetvip
· 01-08 02:29
Another stalemate situation, the bearish signals are obvious but it hasn't really dropped, so annoying.
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