The market on January 2nd provided many trading opportunities. Since the beginning of the new year, Ethereum has been oscillating mainly between 2950 and 3030, with no clear directional movement. Starting in the afternoon, the situation changed, and the market entered a pattern of continuous upward momentum, opening quite strongly, and a breakout attack may follow.
From this point, the trading strategy remains relatively clear—wait for a pullback confirmation before shorting at high levels. Specifically:
**Bitcoin**: The ideal short entry zone is between 89000 and 89500, with targets aiming at the support band of 87000-86000. Once this level is effectively broken, the next resistance will be relatively released.
**Ethereum**: It is recommended to look for shorting opportunities in the 3020-3050 range, with targets around 2950-2900. Compared to Bitcoin, Ethereum's trading window will be more tight.
Overall, the current market is still in a critical decision-making period. Short-term volatility may continue, but the overall directional judgment window is gradually becoming clearer.
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.
17 Likes
Reward
17
5
Repost
Share
Comment
0/400
GateUser-addcaaf7
· 5h ago
Huh? Another high-position short order. This strategy has been tried several times already. Can we bottom fish at 88 here?
View OriginalReply0
quietly_staking
· 5h ago
Wait a minute, this continuous bullish trend is probably a trap for more buying. I still think it's safer to wait for a pullback before entering a short position.
View OriginalReply0
LiquidityWitch
· 5h ago
the liquidity pools are literally brewing something dark rn... that eth consolidation smells like a ritual waiting to happen, not some boring chop tbh
Reply0
DuckFluff
· 6h ago
It's the same old trick again. How many times have we heard about shorting at high levels? Can it break 86 this time? It's a bit uncertain.
View OriginalReply0
OnchainDetective
· 6h ago
The continuous upward surge... According to on-chain data, before this pattern appeared, large investors quietly accumulated positions, indicating obvious fund correlation.
Wait, I marked that position at 89500 a couple of days ago. Through multiple address tracking, I found organized accumulation. This "breakthrough sneak attack" was probably scripted long ago.
The range from 2950 to 2900 is too tight. After analysis and judgment, the real drop point should be below 2880. Interestingly, why is there no direct statement about this?
The market on January 2nd provided many trading opportunities. Since the beginning of the new year, Ethereum has been oscillating mainly between 2950 and 3030, with no clear directional movement. Starting in the afternoon, the situation changed, and the market entered a pattern of continuous upward momentum, opening quite strongly, and a breakout attack may follow.
From this point, the trading strategy remains relatively clear—wait for a pullback confirmation before shorting at high levels. Specifically:
**Bitcoin**: The ideal short entry zone is between 89000 and 89500, with targets aiming at the support band of 87000-86000. Once this level is effectively broken, the next resistance will be relatively released.
**Ethereum**: It is recommended to look for shorting opportunities in the 3020-3050 range, with targets around 2950-2900. Compared to Bitcoin, Ethereum's trading window will be more tight.
Overall, the current market is still in a critical decision-making period. Short-term volatility may continue, but the overall directional judgment window is gradually becoming clearer.