Ethereum January 9 Market Analysis Reference

Weekly level pullback, 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, so I didn't update in the square today; 2025 has made a good start!

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

For the 1-4 hour focus on the levels 3325-3407, if Ethereum stabilizes at 3325 without breaking, there is a high probability of a 1-hour rebound. Pay attention to short opportunities near the rebound around 3407; if there is a strong breakthrough and stabilization, then watch for pressure around 3470 above. Ethereum will only return to a bullish trend in the 1-4 hour timeframe if it rebounds and stabilizes at 3470.

Intraday resistance and support reference

Resistance levels 3340-3407-3440

Support levels 3270-3235-3175

You can pay attention to trading opportunities near the resistance and support levels.