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After a full day of low-volume consolidation on Saturday, the current K-line pattern has entered the second half of the weekend trading session, which is also the most prone to "false breakouts" or "surprise attacks."
1. Market Status: On Sunday, January 18, ETH remains oscillating around the $3,300 mark. The 4H MACD is about to complete its bottoming process, and the bearish selling pressure has already been exhausted.
2. Reversal Signal: The Bollinger Bands are narrowed to the extreme, and a directional choice may occur after 22:00 tonight. Since BTC has held above 95k, I personally lean towards a possible "sweep-loss rebound."
Recommended Direction: Consider long positions at low levels for trading.
Entry Point: Suggest trying around 3270 with a 10-point buffer, with a strict stop-loss at 3245. Weekend liquidity is poor, so avoid chasing gains or panic selling. If the price breaks upward to $3,350, it is advisable to take half profits first to prevent a pre-market reversal before the US stock market opens tomorrow morning.
There are often "strange winds" on Sunday night. If the price quickly surges to around $3,380 but volume does not double, be sure to take profits and exit to avoid a "trap" market.
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