Detailed analysis of Ethereum trends and suggestions for sound trading strategies (January 19th):

Ethereum's four-hour chart shows a volatile pullback, with the price consolidating narrowly around $3200. The short-term support/resistance level is $3190. Analyzing the four-hour Ethereum price trend, the price has gradually fallen from a high of $3346 to around $3224 in the recent four-hour cycle, forming consecutive bearish candlesticks and showing a downward trend. On the daily chart, the last two days have shown long upper and lower shadows, indicating intense competition between bulls and bears, but the overall trend remains in a correction phase. In the four-hour MACD cycle, both the DIF and DEA are below the zero axis, and the MACD histogram continues to expand negative values, indicating that bears are in control in the short term. The RSI (14) value is 40.70, close to the oversold zone, but not fully entered, indicating that downward momentum still exists. The current price has broken below EMA7 (3249) and EMA30 (3272), and is far from EMA120 (3183), indicating significant short-term pressure. Support Levels: First Support: 3170-3180 (recent high-volume trading area + previous low). If this level is broken, the next support is around 3100. Second Support: 3100 (psychological level + medium-term trend line), a crucial defensive level for the daily uptrend. Resistance Levels: First Resistance: 3270-3300 (multiple rebounds met with resistance, intense battle between bulls and bears). A breakout with significant volume is needed to resume the uptrend. Second Resistance: 3350-3400 (previous high area + near the upper Bollinger Band). A breakout could open up further upside potential. Ethereum Stable Recommendation (January 19th): Consider entering long positions around 3200-3210, with a target of 3240-3280. Hold long positions if the price stabilizes above 3300! Strategies are time-sensitive; implementation will primarily rely on free guidance.