On January 28, 2026, at 14:00, ETH is quoted at approximately $2990. The daily chart is in a correction phase after a decline, and the 4-hour chart remains bearish before stabilizing above 3000. There is obvious selling pressure above, and short-term volatility is weak, awaiting the Federal Reserve decision for guidance.
1. Trend and Pattern: The daily chart shows a technical correction after a decline, not a reversal; the 4-hour chart remains bearish below 3000; in the short term, around 2990, close to the upper end of the oscillation zone, with limited rebound momentum. 2. Indicator Signals: RSI approaching resistance line, beware of rebound resistance; insufficient volume, lack of sustained upward movement, high probability of oscillation. 3. Channels and Moving Averages: After losing the lower band of the ascending channel, it has not yet stabilized; short-term moving averages are tangled, lacking clear directional guidance.
3. Trading Strategy (No leverage)
- Mainly observe and wait for the Federal Reserve decision to clarify the direction. - If rebounding to the 3000-3010 range, reduce positions gradually, with a stop loss above 3030. - If stabilizing during a correction at 2950-2960, try a light long position, with a stop loss below 2920. - Break through 3030 with increased volume and retest for adding positions, targeting 3080-3100; if falling below 2900, exit with a stop loss, targeting 2835-2850.
4. Risk Reminder
- The Federal Reserve interest rate decision at 03:00 on the 29th, with a hawkish stance, may trigger a quick correction; a dovish stance favors a rebound and breaking resistance. - Short-term volatility may increase; control position size, always set stop losses, avoid chasing gains or panic selling.
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.
5 Likes
Reward
5
4
Repost
Share
Comment
0/400
GateUser-1c8a1331
· Just Now
Happy New Year! 🤑
Reply0
TheRosyCloudsBringGoodFortune.
· 12m ago
As Consensus HK approaches, the global crypto and Web3 industry is once again focusing on Hong Kong. As a leading global digital asset trading platform, Gate will host multiple industry exchange events over three consecutive days during Consensus HK, focusing on core topics such as investment, technology, and institutional collaboration. These events will target different circles and industry roles to create more in-depth and broad industry交流场景.
On January 28, 2026, at 14:00, ETH is quoted at approximately $2990. The daily chart is in a correction phase after a decline, and the 4-hour chart remains bearish before stabilizing above 3000. There is obvious selling pressure above, and short-term volatility is weak, awaiting the Federal Reserve decision for guidance.
1. Key Price Levels (USD)
- Support: 2950-2960 (short-term); 2900-2920 (medium-term strong support); 2835-2850 (deep correction target)
- Resistance: 3000-3010 (strong/weak boundary); 3030-3050 (short-term strong resistance); 3080-3100 (trend reversal threshold); 3345 (daily strong resistance)
2. Technical Highlights
1. Trend and Pattern: The daily chart shows a technical correction after a decline, not a reversal; the 4-hour chart remains bearish below 3000; in the short term, around 2990, close to the upper end of the oscillation zone, with limited rebound momentum.
2. Indicator Signals: RSI approaching resistance line, beware of rebound resistance; insufficient volume, lack of sustained upward movement, high probability of oscillation.
3. Channels and Moving Averages: After losing the lower band of the ascending channel, it has not yet stabilized; short-term moving averages are tangled, lacking clear directional guidance.
3. Trading Strategy (No leverage)
- Mainly observe and wait for the Federal Reserve decision to clarify the direction.
- If rebounding to the 3000-3010 range, reduce positions gradually, with a stop loss above 3030.
- If stabilizing during a correction at 2950-2960, try a light long position, with a stop loss below 2920.
- Break through 3030 with increased volume and retest for adding positions, targeting 3080-3100; if falling below 2900, exit with a stop loss, targeting 2835-2850.
4. Risk Reminder
- The Federal Reserve interest rate decision at 03:00 on the 29th, with a hawkish stance, may trigger a quick correction; a dovish stance favors a rebound and breaking resistance.
- Short-term volatility may increase; control position size, always set stop losses, avoid chasing gains or panic selling.