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Latest Market Information: Ethereum (ETH) prices have shown a volatile pattern in early 2026. Market consensus generally expects the trend to remain within a range in the short term, awaiting a breakout.
📈 Current Market Overview
As of the morning of January 5, 2026, Ethereum's price broke through $3,200, rising 1.92% intraday. However, the price recently dipped below $3,100, indicating ongoing market volatility.
The overall sentiment in the crypto market is described as "balanced but cautious." On one hand, the market has shown signs of warming at the start of the year; on the other hand, op

On January 4, 2026, at 23:00, ETH is currently trading at $3,145. The 4-hour timeframe shows a bullish bias, while the hourly chart indicates a pullback is needed. Overall, the price is oscillating at high levels. It is advisable to buy on dips rather than chase the highs. Short-term short positions should be approached with caution.
I. Key Support and Resistance Levels
- Support: 3100-3120 (short-term strong support), 3080 (bullish structure watershed), 3050 (critical pullback level)
- Resistance: 3150-3160 (first resistance), 3200-3250 (strong resistance zone)
II. Long and Short Strategies
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Based on the latest market information as of today (January 5, 2026), Ethereum's price has experienced a significant increase, but market opinions on the subsequent trend vary. Below are key market data and the core logic of both bullish and cautious perspectives for your decision-making reference.
📈 Today's Key Market Overview
· Current Price: Breakthrough above $3,200, latest reports show the price around $3,188.
· Intraday Performance: Up approximately 1.47%-2.04%, with an intraday high close to $3,205 (converted to IDR).
· Key Breakthrough: Price has surpassed the $3,200 integer level.
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