On January 2nd, Ethereum's price repeatedly fluctuated around $3,000. From a daily chart perspective, the current quote is approximately $2,995. Although it briefly touched the $3,000 mark during the day, it quickly cooled off and retreated, with the entire trading day's volatility contained within ±0.5%. Trading volume has significantly decreased, and market participation enthusiasm is low. This subdued atmosphere adds uncertainty to subsequent market trend judgments.

From a technical standpoint, the key support level is at $2,880, which provides short-term stability. On the upside, the price faces resistance in the $3,000-$3,050 zone, a level that has been repeatedly tested and blocked. Between these two prices, Ethereum seems to be caught in a repetitive testing cycle, making it difficult to form a clear directional trend before breaking through.

In the short term (4-hour to daily levels), a narrow range of $2,960-$3,050 is the most probable movement. Based on this judgment, aggressive traders might consider a strategy of buying low and shorting high—buying near $2,960 on dips with a target of a slight rebound to $3,015-$3,034; once near $3,030, they could consider taking profits early. If the price drops below the $3,000 mark again, it confirms downside risk, making stop-loss management especially important. Throughout the trading process, position sizing and risk control are paramount—don't be misled by short-term noise.