Ethereum January 9 Market Analysis Reference

Weekly level correction, no need to panic everyone, the current market is all about predicting trends, including the rebound after breaking 3300. The market has been moving too fast these days, took a break today and didn't update in the square, 2025 has started off well!

Let's swing and work hard together for the next market!!! Yesterday's hanging order strategy made about 150-180 points on two orders. The short position reminder at 5 AM also made a profit of 30-40 points. Good!!! Keep it up!

Pay attention to the two positions 3325-3407 in the 1-4 hour timeframe. If Ethereum holds steady at 3325, it is likely to attract a rebound in the 1-hour timeframe. Watch for short opportunities around the rebound near 3407; if it breaks through strongly and holds, then look for resistance around 3470. Ethereum will only return to a bullish trend in the 1-4 hour timeframe if it rebounds and holds above 3470.

Daily pressure and support levels for reference

Resistance levels: 3340-3407-3440

Support levels: 3270-3235-3175

You can look for trading opportunities near pressure and support levels.