Check it out! ! Latest! ! ! Ethereum Price Prediction for January 10

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As the US bank holiday approaches, the government has been allowed to liquidate 69,000 Bitcoins, which originated from Silk Road. The planned sale of these Bitcoin reserves has caused market panic, retail traders have reacted strongly, and panic selling has spread. Many experts have warned that Bitcoin may fall to $30,000, while the prospects for altcoins are even bleaker and are expected to be difficult to reproduce the highs of 2021.

Ethereum fluctuates and consolidates. Can it rebound after breaking through $3,210?

Amid the market chaos caused by Bitcoin, Ethereum's price trend has remained stable and has hardly changed in the past 24 hours. Although the price has fallen since January 6, the future trend is still unclear. If Ethereum can stay above $3,210, it may usher in a short-term rebound. Breaking through the resistance level of $3,624 may change the market trend.

Key support and resistance levels: $3,750 is the key to break through!

Ethereum's key resistance level is $3,750, and once this point is broken, the bullish momentum may restart. Analyst Ali Martinez pointed out that if Ethereum can continue to move along the upward channel, a drop to $2,800 may lay the foundation for a future breakthrough of $6,000.

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