2026-01-19 18:26:22

Ethereum's recent trend is quite interesting. From the 4-hour K-line chart, after touching the upper boundary line, it started to face pressure and pull back, which is a very clear signal. Although the bulls within the range are not willing to give up and have tried to counterattack upwards, each time they approach the pressure zone near the upper boundary, they are pushed back down.

The current situation is that the hourly downtrend channel has officially opened, which means the short-term direction has been established. Our subsequent strategy is to focus on the first horizontal resistance line above for short positions, without being greedy.

The target is very clear; just look near the lower boundary of the downtrend channel, which is a relatively reasonable target zone in the near term.

ETH-0,95%

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BottomMisser

· 6h ago

Once again, it got smashed down. The bulls are really exhausted this time. --- The downtrend channel is so obvious; the bears have finally turned around. --- Going long? I think I'll pass. Last time I got wiped out because of greed. --- Let's wait and see the lower boundary. Anyway, there's no hope in the short term. --- With such clear resistance levels, why are some still pushing upward? I just don't understand. --- If I still try to bottom fish this wave, I'll really be socially dead haha. --- The target level is clear, but I'm just worried it will break again. --- Once the hourly downtrend channel opens, don't expect a rebound. Be smarter. --- The phrase "no greed" hits hard. I lost everything because of greed. --- The upper boundary pressure is so strong; anyone trying to break through is truly brave.

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SnapshotStriker

· 6h ago

The high altitude is indeed stable; I'm just worried that the bulls will come back and push against the resistance line again.

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SandwichDetector

· 6h ago

Here it comes again. The resistance level above is really a hurdle, every time the bulls get pushed back. The short-term bearish idea is clear, but I'm worried it might just be empty talk. The signal that the downward channel is opening suggests that we need to guard that lower boundary. Waiting to see if the target can be reached as scheduled, but hopefully it won't oscillate repeatedly. The bulls really should accept their fate; this resistance level is the ceiling.

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GasGuzzler

· 6h ago

The bears are holding it down here, and the bulls are really having a tough time. Yes, the downward channel has opened, so continue with the high positions. Are we about to break through the resistance level again? Wait, isn't the lower boundary supposed to be reached by now? Every rebound gets knocked down again; I’m familiar with this rhythm.

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