ETH 4-hour K-line technical analysis: MACD bullish momentum strengthens, trading opportunities emerge

GasWrangler · 2026-01-20T02:20:12+00:00

Recently, ETH prices have experienced slight fluctuations, overall higher than yesterday afternoon, but the bears still hold the advantage. Trading volume has decreased, and the market has cooled down. Technical indicators show that the bullish forces are strengthening, with key support at 3183.0 and 3189.55, resistance at 3349.96 and 3375.0, and a trading range between 3189.55 and 3349.96.

GasWrangler

2026-01-20 02:20:12

Abstract generation in progress

【Crypto World】ETH’s performance in the past 4 hours is quite interesting. Looking back on the timeline: from early this morning to noon, there was a slight rise, followed by a pullback, but overall it remains higher than yesterday afternoon. The last candlestick on the chart is a bearish candle, indicating that the bears are still exerting pressure. However, trading volume is shrinking, and both price and volume are declining together, showing that the market is cooling down and participation is insufficient.

Regarding technical indicators, the MACD histogram is still negative but gradually getting shorter—this is a signal indicating that the bulls are gaining strength. The KDJ is currently neutral, with no golden or death crosses, and the key point is that KDJ is at 24, in a downward trend.

Based on BOSS Wallet’s analysis, here are some key levels to remember: support around 3183.0 and 3189.55, resistance at 3375.0 and 3349.96. If you’re optimistic about the future and want to go long, consider positioning at 3189.55 or 3183.0, with a stop loss set at 3173.6; conversely, if you want to short, target 3349.96 and 3375.0, with a stop loss at 3366.71. The recent fluctuation range is between 3189.55 and 3349.96.

ETH-0,7%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

15 Likes

Reward
15
5
Repost
Share

Comment

0/400

RugDocScientist

· 1h ago

Trading volume shrank, and the other teams are still dithering. This round is boring.

View OriginalReply0

RooftopReserver

· 1h ago

With such low trading volume, shortening the MACD is useless... Are you just fooling yourself by looking at the indicators?

View OriginalReply0

BearMarketSunriser

· 1h ago

Is there still hope for more with such weak volume? I think it's a toss-up. --- MACD bars getting shorter, and you dare to buy? Truly impressive. --- It's the same old story, 3189 has never succeeded. --- The bears are still suppressing; don't rush to be the bag-holder. --- Volume is the real indicator; all the others are just smokescreens. --- KDJ at 24, still daring to go long in the downtrend zone, probably a gambler's mentality. --- Feels like it's about to break support again, just watching. --- Closing with a bearish candle and claiming the bulls are strengthening—laughable. --- This market movement is just oscillation and shakeout; don't get caught up. --- I tried that position at 3189 early on, but kept getting slapped down.

View OriginalReply0

GasFeeCrier

· 1h ago

With such shrinking trading volume, what can multiple armies strengthen? It looks to me like a trap to lure more buyers.

View OriginalReply0

ProposalDetective

· 2h ago

MACD histogram getting shorter? Isn't this just the bulls awakening? Although the volume still needs to continue to be released.

View OriginalReply0