📍#ETH Dingding Technical Analysis Report 2026-01-23

【Core View】: The 3000 level is precarious, and a rebound is a good opportunity to reduce positions; the bearish target is aimed directly at 2600.

ETH's trend is weaker than Bitcoin. The 12H level has clearly broken below 3,045, and the bearish structure is complete. Although there is resistance at the 4H and 1H levels, it lacks volume support, more of a continuation shake in the downtrend. For bulls, now is not the time to enter the market.

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📊 Long-term Trend: Moderate Bearish (12H Level)

Current Situation Interpretation:

The close has fallen below the moving average band and has dropped back below 3,045. The upper 3,374 has already become a strong resistance level, and the probability of being blocked upon rebounding to this point is extremely high.

【12H Swing Strategy】

• Key Operation: Short on rebound, chase shorts on break.

• Defense/Bull-Bear Boundary: 3,374.04

🛑 Short Position Layout:

• Rebound Short (Pending Order): 3,374.04 ～ 3,045.04 (Recommended Capital 60%)

• Chase Short (Break): 3,045.04 (Recommended Capital 40%)

• Take Profit Target (TP): 2,642.64 ～ 2,313.64

• Stop Loss (SL): 3,581

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📊 Medium-term Trend: Consolidation (4H Level)

Current Situation Interpretation:

After a sharp drop, a technical rebound has occurred, but there has been no volume, making it impossible to confirm the bottom. 2,913 is short-term support, and breaking below will accelerate the decline.

【4H Swing Strategy】

• Key Operation: Mainly wait and see.

• Defense/Bull-Bear Boundary: 2,913.48

🛑 Operation Suggestions:

• Wait and See: Confirm a bearish shift only after the close breaks below 2,913.48; until then, observe more and act less.

• Capital: 100% wait and see.

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📊 Short-term Trend: Consolidation (1H Level)

Current Situation Interpretation:

Short-term volatility has increased, with direction switching back and forth; this is a typical washout trend. Do not place orders in the middle of the range.

【1H Swing Strategy】

• Key Operation: Wait and see.

• Defense/Bull-Bear Boundary: 2,896.68

🛑 Operation Suggestions:

• Wait and See: Confirm a bearish shift only after the close breaks below 2,896.68.

• Capital: 100% wait and see.

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📝 Summary and Operation Suggestions

For Holders:

The ETH trend has deteriorated; it is recommended to reduce positions on rebounds. If it breaks below 3,045, there is plenty of room below.

For Non-Holders:

Mainly focus on short positions at the 12H level. Look for shorting opportunities in the 3,045-3,374 range, with an excellent risk-reward ratio.