On January 28, 2026, at 14:20, ETH is quoted at approximately $2990. After a daily decline and recovery, it remains somewhat bearish before stabilizing above 3000 on the 4-hour chart. There is obvious selling pressure above, short-term oscillations are weak, and we are awaiting the Federal Reserve decision (29th 03:00) for guidance.

Core Price Levels (USD)
- Support: 2950-2960 (short-term); 2900-2920 (medium-term strong support); 2835-2850 (deep correction target)
- Resistance: 3000-3010 (strength/weakness boundary); 3030-3050 (short-term strong resistance); 3080-3100 (trend reversal threshold); 3345 (daily strong resistance)
Technical Analysis
- Trend: Recovery after daily decline, not a reversal; weak bias before stabilizing above 3000 on the 4-hour chart; ETH is at the upper boundary of the oscillation zone, with limited rebound momentum.
- Indicators: RSI below 50, rebound lacks strength; MACD remains bearish; insufficient volume, poor sustainability of upward movement, high probability of oscillation.
- Channels/Moving Averages: Failed to hold above the rising channel lower boundary, no effective retest and stabilization; short-term moving averages are tangled, lacking clear direction.
Scenario-Based Strategies (No leverage, position ≤30%)
1. Observation Strategy (Priority)
- Applicable: High uncertainty before the decision, avoid news-driven shocks.
- Action: Wait for price to break key levels or fall below them, or for the decision to clarify direction before entering.
2. Encounter Resistance on Rebound (High Short)
- Entry: Rebound to 3000-3010, gradually reduce positions or lightly short.
- Stop Loss: Above 3030 (short-term strong resistance upper boundary).
- Target: 2950-2960; if broken, watch for 2900-2920.
3. Stabilize After Correction (Low Long)
- Entry: Correct to 2950-2960 and stabilize (close green candle, increased volume), lightly go long.
- Stop Loss: Below 2920 (medium-term strong support lower boundary).
- Target: 3000-3010; if broken, watch for 3030-3050.
4. Breakout Confirmation (Follow-up Orders)
- Upward: Volume breakout above 3030 with a pullback, add to long positions; target 3080-3100; stop loss below 3000.
- Downward: Break below 2900, exit to cut losses; target 2835-2850; consider light short near 2900 rebound.
Risk Control and Execution Points
- Position: ≤30% per asset, avoid heavy positions; strict stop-loss, do not hold through losses.
- Entry: Confirm with price + volume + indicator resonance (breakout with volume, RSI cooperation).
- News: Volatility is high 1-2 hours after the decision; observe first, then act; avoid chasing highs or panic selling.
Key Reminders
- A dovish decision or rapid correction favors rebounds and breaking resistance.
- Short-term volatility may increase; control positions, always set stop-loss, avoid chasing highs or panic selling.