📣1/29 Ethereum Trend Detailed Analysis and Steady Operation Recommendations:

　　Ethereum (ETH) on the 4-hour chart shows extreme consolidation with narrow fluctuations, trading around $2955. Short-term moving averages exert slight resistance, while medium-term moving averages provide precise support. The bulls and bears are in a tense battle, awaiting a breakout signal. The current price is $2944.6 (18:00), up by 0.01%, with a volatility of 0.03%, hitting a recent low in the core range of 2950-2960 (extreme consolidation).

　　From the 4-hour trend analysis, candlestick patterns indicate recent oscillation around 3000, failing to break through the previous high of 3038, showing a pullback after rallying. The daily chart shows two consecutive bearish candles, indicating short-term downward pressure. On the 4-hour MACD, DIF and DEA form a death cross, with green bars enlarging, signaling increasing bearish momentum; the daily MACD remains above zero but with weakening momentum. The 4-hour RSI is 45.76, approaching a neutral to weak zone, indicating insufficient bullish strength. The current price has broken below EMA7 (2972.63) and is close to EMA30 (2967.36). Further decline may test EMA120 (3046.47).

　　Support levels: 2950 (4-hour midline), 2940 (MA30), 2900 (trendline)

　　Resistance levels: 2957 (MA7), 2980, 3035, 3070 (previous dense trading zones)

　　1/29 Ethereum Steady Operation Recommendations;

　　Recommend short positions around 2940-2960, target points: 2920-2880-2840.

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