Meets Expectations

Ethereum market analysis reference for January 6, 2025:

Yesterday's intraday Ethereum performance met expectations, with both long and short positions making multiple profitable exits. Considering the weekly close at 8 AM, it's important to pay attention to fluctuations in the early morning.
In the early morning, the following content should be noted:
For learning and communication purposes only, not investment advice.

At the 1-hour level, pay attention to 3626; as long as Ethereum's pullback does not break 3626, it is highly likely to continue oscillating upwards. However, if 3626 is broken, support near 3605-3595 should be monitored for short-term long opportunities. If it stabilizes at this support, we will first look at the area around 3626. If support near 3600 is not effective, then pay attention to the potential pullback in the short side at the 1-hour level.

At the 4-hour level in the early morning, pay attention to the area around 3580. If Ethereum falls below 3580, monitor support around 3525-3530. If 3528 breaks, then note the potential pullback in the short side at the 4-hour level. Of course, if it does not break, we can consider executing a short-term rebound trade based on the market conditions.

Intraday resistance levels to watch:
3652, 3695, 3715, 3745
Intraday support levels to watch:
3600, 3550, 3505, 3475
Near support and resistance levels, opportunities for long and short profits can be monitored.
$ETH