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Based on the latest market information as of today (January 5, 2026), Ethereum's price has experienced a significant increase, but market opinions on the subsequent trend vary. Below are key market data and the core logic of both bullish and cautious perspectives for your decision-making reference.
📈 Today's Key Market Overview
· Current Price: Breakthrough above $3,200, latest reports show the price around $3,188.
· Intraday Performance: Up approximately 1.47%-2.04%, with an intraday high close to $3,205 (converted to IDR).
· Key Breakthrough: Price has surpassed the $3,200 integer level.
· Market Breadth: The entire crypto market sector is rising, and overall sentiment is warming.
🤔 Market Analysis and Strategic Views
Current market opinions on the future trend are divided into two main camps: bullish and cautious:
Bullish Viewpoints Indicate a Trend Reversal
· Technical Pattern: Price has broken out of the downtrend channel, forming "higher lows and higher highs" on the 4-hour chart. Some analysts suggest a potential "double bottom" formation around $3,000. If resistance at $3,350 is confirmed to be broken, the next target could be $4,000.
· Technical Indicators: On the 4-hour chart, the 50-period moving average has crossed above the 100-period moving average, seen as a positive signal.
· Fundamental Expectations: Ethereum co-founder Vitalik Buterin announced a new technical roadmap, with upgrades like ZK-EVM potentially increasing network value in the long term.
Cautious Viewpoints Highlighting Correction Risks
· Overbought Signals: Some analysts point out that on the hourly chart, the Relative Strength Index (RSI) has entered overbought territory, which is often a warning sign for a short-term correction.
· Key Resistance: The $3,250-$3,350 zone is an important technical resistance area that has repeatedly hindered price increases. Market forecasts show about a 27% chance of reaching $3,600 before the end of January, and only an 8% chance of hitting $4,000.
· Overall Environment: Although crypto market sentiment has improved, trading activity remains subdued, with global trading volume declining for several consecutive weeks.
⚠️ Trading Strategies and Risk Management References
Regardless of the viewpoint, strict strategies and risk management are crucial.
· Key Levels
· Resistance Above: $3,250 - $3,350 (strong/weak boundary)
· Support Below: $3,070 - $3,050 (recent strength/weakness) $3,000** (key psychological level; a break below may invalidate short-term bullish patterns) **$2,800 - $2,700 (deeper correction target)
· Operational Suggestions
· Breakout Trading: If the price can hold above $3,350 with volume, further upside potential may open.
· Correction Monitoring: If the price pulls back, watch for support around $3,100 or above $3,000 for signs of stabilization.
· Risk Management: Be sure to set stop-loss orders. For example, place stops below key supports like $3,000 or $2,950 to control potential losses. Also, avoid trading based solely on single news or social media quotes; rely on real-time prices from mainstream exchanges.
Overall, Ethereum is showing short-term strength driven by technical breakthroughs and positive expectations, but it faces key resistance zones and the risk of overbought correction.