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On 2026/1/6, $ETH 4-hour timeframe is in a clear upward trend.
1. Price structure: Higher highs and higher lows are synchronized, breaking previous highs and then pulling back for confirmation.
2. Technical indicators: EMA bullish alignment, MACD remains positive, RSI healthy.
3. Volume validation: Increasing volume during upward movement, decreasing volume during pullbacks, active capital inflow.
Support levels:
Recent low support: 3111.52 (pullback low on 2026-01-02).
EMA dynamic support: around 3131.71.
Strong support zone: 3000-3050 (previous consolidation platform and psychological barrier).
Resistance levels:
Historical high resistance: 3265.66 (highest within data cycle).
Psychological barrier: 3300 round number.
Extension target: if breaking through 3265, next resistance looks towards 3400.
Risk warning:
RSI and StochRSI approaching overbought, short-term technical correction may occur.
If the price falls below 3110 support (recent pullback low), be alert to potential trend weakening.
Trading suggestion:
Trend traders: consider buying on dips around the 3110-3130 support zone, targeting above 3260.
Risk control: if falling below 3110, consider reducing positions or stop-loss.