PANews reported on January 11 that according to News.bitcoin, Ethereum is currently maintaining in the $3,273 range. The market is paying attention to the short-term key resistance level of $3,300, which may be the key level that determines the next trend of Ethereum. The following is a brief analysis:

• Intraday range: $3,192 to $3,322 as of January 11;
• After a sharp drop from $4,111, it is currently consolidating between $3,200-3,300;
• A break above $3,400 could signal bullish potential, while a break below $3,100 would confirm a bearish trend;
• Short-term resistance is at $3,300, with surging volumes indicating strong selling pressure;
• Oscillators are neutral, but MACD suggests bearish momentum;
• The moving averages are currently in favor of the sellers with the key supports near $3,265 and $3,109.