ETH 4-hour K-line technical analysis: momentum weakening, watch the 3408 resistance level

【Crypto World】Looking at the recent 4-hour ETH trend, this wave of market movement is quite interesting. Compared to 2026-01-14 12:00:00, it slightly moved upward, then pulled back a bit by 16:00:00, but still remains much higher than at 8:00 this morning. However, from 20:00 yesterday until now, the overall trend is still downward—initially a large bullish candle appeared, but the last one turned into a bearish line, with the closing price below the opening price. What signals does this send?

There is an issue with trading volume: in recent hours, it has clearly shrunk. Prices are rising but volume isn’t keeping up, indicating that the upward momentum is weakening.

From a technical perspective, the MACD shows no clear direction, but the histogram has been positive and gradually decreasing—this confirms that the bullish strength is waning. The KDJ indicator hasn’t formed a golden cross or death cross, remaining neutral with a current value of 79. The MA indicator is quite meaningful here; the 10-day moving average is above the 30-day moving average at both 16:00 and 20:00. The RSI has surged above 70, which is a risk signal, suggesting a potential pullback after a rise.

Based on these data, the current reference prices are as follows:

Long positions: First entry at 3187.17, second at 3078.62, with a stop-loss set at 3071.29.

Short positions: Sell one at 3408.0, sell two at 3409.51, with a stop-loss placed at 3384.26.

Key levels: Support at 3005.0, resistance at 3408.0, recent high at 3367.42, recent low at 3086.72.

Overall, the market is consolidating, and the bullish momentum is noticeably weakening. Attention should be paid to whether the resistance at 3408.0 can be effectively broken through.