2026-01-03 08:20:20

The New Year's holiday has come to an end, and the market performance remains quite strong. The price action over these three days has been smooth, with a rebound after a dip to the support zone, followed by a rally, showing a pattern of buying on dips.

From the data, BTC is currently hovering around the 90,300 level, while ETH has started to gradually rise since yesterday, with the price of ETH/USD fluctuating around 3,120. A detail worth noting is that there is a clear strong resistance zone around 3,180 for ETH. If this level can be effectively broken in the short term, the upside potential will further open; if it falls back again, then the support level around 3,120 will become a key line of defense.

Overall, the market shows good resilience at the start of the new year, with bullish sentiment still continuing, but attention should be paid to the performance at these key levels, especially ETH testing the resistance at 3,180.

BTC1.51%

ETH1.14%

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.

5 Likes

Reward
5
6
Repost
Share

Comment

0/400

MultiSigFailMaster

· 17h ago

Haha, Ethereum is stuck again at 3180. It feels like every time it's a repeated test here. When will it break through? BTC is hovering around 9,300. The bulls are still holding on, but this pace is a bit frustrating. 3120 really needs to hold, or else a new support level will have to be found. The past three days around New Year's Day have been pretty good, but I don't know if this momentum can be maintained afterward.

View OriginalReply0

MemecoinTrader

· 20h ago

ngl the 3180 eth resistance is giving major psyops setup energy... watching the sentiment cascade rn tbh

Reply0

RugPullSurvivor

· 20h ago

Well, just waiting for the 3180 level. If it can't break through, it might need to oscillate again.

View OriginalReply0

TommyTeacher

· 20h ago

Ethereum's 3180 is really crucial. If it can't break through, it'll have to retest, so annoying.

View OriginalReply0

CodeAuditQueen

· 20h ago

The critical point at 3180 is like boundary checks in smart contracts; a slight overflow can lead to total loss.

View OriginalReply0

rugpull_survivor

· 20h ago

Ethereum at 3180 feels like a paper tiger; it should have broken through long ago... Really, the pattern of buying on dips looks comfortable, but I'm just worried it might be another round of shakeouts. At the 90300 level, it seems BTC is a bit stuck? I'm optimistic about the follow-up, but I shouldn't be too optimistic; we still need to see the result of Ethereum breaking that level. The market's resilience is indeed impressive; it all depends on how long it can hold... If the 3120 line can't be maintained, it will get interesting; at that point, no one can save it.

View OriginalReply0