According to Deep Tide TechFlow news on January 6, multiple technical indicators show bullish signals for ETH, as reported by Cryptodnes. The number of whale wallet addresses holding more than 1000 ETH has rebounded to 5615 after a brief decline at the beginning of January, indicating a recovery in confidence among large investors.
From a technical perspective, ETH formed a golden cross pattern at the beginning of this month, and the current RSI indicator is at 63.6, maintaining a neutral to bullish trend after retreating from the overbought area. If the RSI breaks above 70, it may reignite upward momentum, but falling below 50 could signal a weakening of upward momentum.
From the perspective of price key points, ETH's main support level is currently at $3543, while the resistance level above is at $3827. Analysts believe that if it can break through the resistance level of $3827, it will pave the way for a challenge at the $4000 mark.
