Ethereum one-hour technical analysis: 1. Price Trend The price previously surged to 3045.47 and faced resistance, then pulled back. It has now broken below short-term support levels, entering a correction phase. The latest price at 3002.69 has fallen back into the previous consolidation zone's lower boundary, providing some short-term support. However, if it breaks below, further decline may occur. 2. Indicator Signals Blue moving average line (similar to Bollinger upper band / MA20): The price has fallen from above this MA line to below it, indicating weakening short-term bullish momentum and a market turning weaker. White moving average line (short-term MA, such as MA5/MA10): The price has broken below this MA, which is starting to flatten and turn downward, signaling short-term weakness. Pink indicator line: Previously following the price upward, it is now flattening out, showing bullish strength diminishing with no clear reversal signal. Blue small circle: Usually a trend indicator signal point, appearing during upward movements. During the current correction, the number of circles has decreased, confirming trend weakening. 3. Key Support and Resistance Support level: The nearby 3000 integer mark is an important psychological support. If broken, support below is around the previous low of 2980. Resistance level: Short-term resistance is in the 3020–3030 range (previous consolidation platform), with strong resistance at the previous high of 3045.47. 4. Future Trend Projection Bearish Scenario: If the price cannot stabilize above 3000 support and breaks below, it may test 2980 support or further decline. Bullish Scenario: If it can hold above 3000 and re-establish above 3020, there is potential to retest the previous high at 3045. Key Price Levels and Strategy Recommendations Price Range Nature Strategy Advice 3045.47 Strong Resistance If the price rebounds to this level and faces resistance, consider reducing positions or short-term selling; if volume breaks through, look for bullish opportunities. 3020–3030 Short-term Resistance When rebounding to this range, if signs of resistance appear (such as long upper shadows, volume stagnation), consider taking profits or reducing positions. 3000–3005 Core Support If the price stabilizes and rebounds within this range (e.g., bullish engulfing, decreasing volume doji), consider buying the dip or increasing positions; if it breaks below, stop-loss is advised. 2980 Strong Support If the price falls to this level, observe for signs of stabilization. If confirmed, consider gradual accumulation. #比特币 #Ethereum

#BREAKING A whale closed a $4.74 million $ETH short position, with a liquidation price of approximately $2,962.#Bitcoin $BTC

January 29, 2026 WTI Crude Oil Midday Analysis Short-term slightly bullish with volatile swings, bulls and bears pulling in different directions. Cheng Jingsheng briefly explains from two aspects. First, the news: Middle East geopolitical tensions + US cold wave reducing production support oil prices, but US crude oil inventories have surged, demand remains weak, and OPEC+ is not increasing production, leading to mutual restraint between bulls and bears, making it difficult for oil prices to surge unilaterally. Second, technical analysis: daily chart shows a bullish arrangement, current price around $63, resistance at $64.5, support at $61.5, RSI is relatively strong but not overbought, likely to fluctuate within the range. Trading suggestions: avoid chasing highs or lows, consider buying on dips near $61.5 with a stop loss below $61; if prices rise to around $64.5, consider short-term small positions for shorting, quick in and out, keep positions light, take profits when the trend is favorable, prioritize risk management. The above is only personal advice for reference. Please follow Cheng Jingsheng's strategic layout for specifics!$GT ‌$ETH ‌#内容挖矿焕新公测开启