January 24 Weekend Ethereum (ETH) is currently fluctuating around $2,950. Overall sentiment is influenced by geopolitical and macroeconomic pressures (ahead of the Federal Reserve meeting), showing a neutral to slightly bearish trend.

Below are reference trading levels (for reference only, please set strict stop-losses):
• Current price: approximately $2,950
• Strong resistance levels: $3,000 (psychological threshold), $3,060 - $3,100 (previous dense area)
• Strong support levels: $2,870 - $2,900 (recent lows), $2,700 (mid-term defense)
High short (aligning with short-term weakness)
• Entry point: recommended to short near $2,980 - $3,010 on rallies.
• Target: first target $2,910, if broken then look at $2,870.
• Stop-loss: above $3,050 (if closing above $3,000, shorts should retreat).
Low long (playing for a temporary rebound)
• Entry point: suggested to try long positions lightly in the $2,880 - $2,910 range.
• Target: first target $2,970, if volume breaks through then look at $3,030.
• Stop-loss: below $2,850.
💡 Trading Reminder
1 Macroeconomic risk aversion: Since early January 2026, institutional funds have been moving into gold for safe haven, and leverage liquidations in the crypto market are obvious (over $1 billion liquidated across the entire network within 24 hours), heavy positions are strictly prohibited.
2 Critical timing: Next week (January 27-28), the Federal Reserve interest rate decision meeting is approaching, and market volatility may further increase.
3 Technical signals: Currently, the 14-day RSI is around the 50 neutral level, with MACD leaning bearish. If ETH cannot recover $3,000 within 48 hours, downside risk will persist.
Risk warning: Cryptocurrency volatility is high; the above suggestions do not constitute investment advice.